; and ; (B) in paragraph (3)— (i) in subparagraph (A)(ii), by adding and at the end; (ii) in subparagraph (B)(ii), by striking ; and and inserting a period; and (iii) by striking subparagraph (C); and (3) in subsection (b), by striking financial companies and inserting banking organizations . (f) Conforming amendment Section 3502(5) of title 44, United States Code, is amended by striking the Office of Financial Research, . (g) Clerical amendment The table of contents under section 1(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act is amended by striking the items relating to subtitle B of title I and 113, 114, 115, 116, 117, 119, 120, 121, 161, 162, 164, 166, 167, 168, 170, 172, 174, and 175. 152. Operational risk capital requirements for banking organizations (a) In general An appropriate Federal banking agency may not establish an operational risk capital requirement for banking organizations, unless such requirement— (1) is based on the risks posed by a banking organization’s current activities and businesses; (2) is appropriately sensitive to the risks posed by such current activities and businesses; (3) is determined under a forward-looking assessment of potential losses that may arise out of a banking organization’s current activities and businesses, which is not solely based on a banking organization’s historical losses; and (4) permits adjustments based on qualifying operational risk mitigants. (b) Definitions For purposes of this section, the terms appropriate Federal banking agency and banking organization have the meaning given those terms, respectively, under section 605. II Demanding Accountability from Wall Street A SEC Penalties Modernization 211. Enhancement of civil penalties for securities laws violations (a) Updated civil money penalties (1) Securities Act of 1933 (A) Money penalties in administrative actions Section 8A(g)(2) of the Securities Act of 1933 ( 15 U.S.C. 77h–1(g)(2) ) is amended— (i) in subparagraph (A)— (I) by striking $7,500 and inserting $10,000