; or (B) the criteria for an investment adviser that is registered with the Commission under the Investment Advisers Act of 1940 in paragraph (4). (2) Asset criteria A nonbank financial company satisfies the asset criteria in this paragraph if such nonbank financial company has— (A) in the case of a company that would be an investment company (as defined in the Investment Company Act of 1940) but for section 3(c)(1) or 3(c)(7) of that Act, $400,000,000,000 or more in gross notional exposure (as defined in Form PF) individually or in combination with any feeder funds, parallel funds, or dependent parallel managed accounts of the company; or (B) in the case of any nonbank financial company not described under subparagraph (A) or paragraph (4), $50,000,000,000 or more in consolidated assets. (3) Other criteria A nonbank financial company satisfies the criteria in this paragraph if such nonbank financial company has— (A) $30,000,000,000 or more in gross notional credit default swaps outstanding for which the nonbank financial company is the reference entity; (B) $3,500,000,000 or more of derivatives liabilities; (C) $20,000,000,000 or more in total debt outstanding; (D) a 15–1, or higher, leverage ratio