; and (6) in section 165— (A) by striking nonbank financial companies supervised by the Board of Governors and each place such term appears; (B) by striking nonbank financial company supervised by the Board of Governors and each place such term appears; (C) in subsection (a), by amending paragraph (2) to read as follows: (2) Tailored application In prescribing more stringent prudential standards under this section, the Board of Governors may differentiate among companies on an individual basis or by category, taking into consideration their capital structure, riskiness, complexity, financial activities (including the financial activities of their subsidiaries), size, and any other risk-related factors that the Board of Governors deems appropriate. ; (D) in subsection (b)— (i) in paragraph (1)(B)(iv), by striking , on its own or pursuant to a recommendation made by the Council in accordance with section 115, ; (ii) in paragraph (2)— (I) by striking foreign nonbank financial company supervised by the Board of Governors or ; (II) by striking shall— and all that follows through give due and inserting shall give due ; (III) in subparagraph (A), by striking ; and and inserting a period; and (IV) by striking subparagraph (B); (iii) in paragraph (3)— (I) in subparagraph (A)— (aa) by striking clause (i); (bb) by redesignating clauses (ii), (iii), and (iv) as clauses (i), (ii), and (iii), respectively; and (cc) in clause (iii), as so redesignated, by adding and at the end; (II) by striking subparagraphs (B) and (C); and (III) by redesignating subparagraph (D) as subparagraph (B); and (iv) in paragraph (4), by striking a nonbank financial company supervised by the Board of Governors or ; (E) in subsection (c)— (i) in paragraph (1), by striking under section 115(c) ; and (ii) in paragraph (2)— (I) by amending subparagraph (A) to read as follows: (A) any recommendations of the Council; ; and (II) in subparagraph (D), by striking nonbank financial company supervised by the Board of Governors or