Contentious provisions in financial overhaul legislation

Small banks are fighting certain parts of the financial regulatory overhaul legislation. Here’s what some of those provisions would do.

Stop banks from forcing customers to go to arbitration instead of court to have complaints heard.

Require banks to form special committees to monitor risks.

Make it harder for banks to hedge against sudden changes in interest rates.

Force banks to retain a 5% stake in loans sold to be packaged into securities.

Place caps on debit-card transaction fees paid by retailers.

Impose federal limits on how much a state-chartered bank can lend to one person.

Source: Times research