CFR > Title 12 - Banks and Banking > CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY > PART 16—SECURITIES OFFERING DISCLOSURE RULES > 16.1—Authority, purpose, and scope.

16.1—Authority, purpose, and scope.

(a) Authority. This part is issued under the general authority of the national banking laws, 12 U.S.C. 1 et seq., and the OCC's general rulemaking authority in 12 U.S.C. 93a.
(b) Purpose. This part sets forth rules governing the offer and sale of securities issued by a bank.
(c) Scope. This part applies to offers and sales of bank securities by issuers, underwriters, and dealers.