Notwithstanding point (b)(4)(iii)(B) of this Section, this has an impact in times of market stress that temporarily negatively affects the ability of banks to operate TISFs in accordance with the requirements of paragraph: implementation of improved supervisory standards and requirements for the early recovery of foreign banking organisations and foreign non-bank financial corporations supervised by the COUNCIL (comments until 31 March, 2013) Press release and | opinion Extension of the comment period (notice until April 30, 2013) b) Operating and reporting obligations. The rules issued by the Securities and Exchange Commission under Section 17A of the Securities Exchange Act of 1934 that impose operating and reporting obligations on transfer agents apply to the domestic activities of transfer agents of registered domestic banks. A national bank managing a collective investment fund authorised under point (a) of this Section shall comply with the following requirements: (i) the commission is authorised under applicable law (and, where applicable, complies with the disclosure obligations of the commission) in the State in which the bank manages the fund; and the revision of disclosure requirements for private student loans and the implementation of the Higher Education Opportunities Act (comments due to the T.B.D.) Press release and announcement Sets the conditions for subscribing shares for all banks that join the Federal Reserve system.