INVESTMENT BY DEPOSITORY INSTITUTIONS.

SEC. 206. INVESTMENT BY DEPOSITORY INSTITUTIONS. (a) Home Owners’ Loan Act Amendment.— Section 5(c)(1) of the Home Owners’ Loan Act (12 U.S.C. 1464(c)(1)) is amended by adding at the end the following new subparagraph: “(S) Small business related securities.— Investments in small business related securities (as defined in section 3(a)(53) of the Securities Exchange Act of 1934), subject to such regulations as the Director may prescribe, including regulations concerning the minimum size of the issue (at the time of the initial distribution), the minimum aggregate sales price, or both.”. (b) Credit Unions.— Section 107(15) of the Federal Credit Union Act (12 U.S.C. 1757(15)) is amended— (1) in subparagraph (A), by striking “or” at the end; (2) in subparagraph (B), by inserting “or” at the end; and (3) by adding at the end the following new subparagraph: “(C) are small business related securities (as defined in section 3(a)(53) of the Securities Exchange Act of 1934), subject to such regulations as the Board may prescribe, including regulations prescribing the minimum size of the issue {at the time of the initial distribution), the minimum aggregate sales price, or both;”. (c) National Banking Associations.— Section 5136 of the Revised Statutes (12 U.S.C. 24) is amended in the last sentence in the first full paragraph of paragraph Seventh, by striking “or (B) are mortgage related securities” and inserting the following: “(B) are small business related securities (as defined in section 3(a)(53) of the Securities Exchange Act of 1934); or (C) are mortgage related securities”.