; and (ii) is in the public interest. (C) Extension The Board may extend the 5-year period described in subparagraph (A) upon the request of a bank holding company described in subparagraph (A) for a period of not more than 6 months for each request received if— (i) the Board certifies that an extension would promote the public interest and would not pose a significant risk to the stability of the banking system or financial markets of the United States; and (ii) any extensions granted under this subparagraph, in the aggregate, do not exceed 1 year for any particular bank holding company. (D) Requirements for entities receiving an extension Upon receipt of each extension under subparagraph (C), a bank holding company shall notify the shareholders of the bank holding company and the general public that the bank holding company has failed to comply with the requirements of subparagraph (A). (b) Financial subsidiaries of national banks disallowed (1) In general Section 5136A of the Revised Statutes ( 12 U.S.C. 24a ) is repealed. (2) Transition (A) Orderly termination of existing affiliation In the case of a national bank which, pursuant to the amendment made by paragraph (1), is no longer authorized to control or be affiliated with a financial subsidiary as of the date of enactment of this Act, such affiliation, ownership or control, or activity shall be terminated as soon as is practicable, and in no event later than the end of the 5-year period beginning on the date of enactment of this Act. (B) Early termination At any time, the Comptroller of the Currency (in this section referred to as the Comptroller ), after opportunity for hearing, may terminate an affiliation prohibited by subparagraph (A) before the end of the 5-year period described in subparagraph (A) if the Comptroller determines that such action— (i) is necessary to prevent undue concentration of resources, decreased or unfair competition, conflicts of interest, or unsound banking practices