(a) Investigative proceeding means an investigation conducted under section 10(g)(2) of the HOLA;

(b) Formal examination proceeding means the administration of oaths and affirmations, taking and preserving of testimony, requiring the production of books, papers, correspondence, memoranda, and all other records, the issuance of subpoenas, and all related activities in connection with examination of savings and loan holding companies and their affiliates conducted pursuant to section 5(d)(1)(B) of the HOLA, section 7(j)(15) of the FDIA, section 8(n) of the FDIA or section 10(c) of the FDIA; and

(c) Designated representative means the person or persons empowered by the Board to conduct an investigative proceeding or a formal examination proceeding.