### Question
How is the "nonbank financial company" defined?


### Answer
The term **nonbank financial company** is defined in *12 U.S.C. § 5311* as follows -

> a U.S. nonbank financial company and a foreign nonbank financial company

#### Citation:
  - *12 U.S.C. § 5311*
  - Heading: **CHAPTER 53-WALL STREET REFORM AND CONSUMER PROTECTION > SUBCHAPTER I-FINANCIAL STABILITY**

