12 U.S.C. · Banks and Banking
12 U.S.C. § 5224

Market transparency

Ch. 52 — EMERGENCY ECONOMIC STABILIZATION
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 52
Statutory Text

12 U.S.C. § 5224 — Market transparency

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 52 - EMERGENCY ECONOMIC STABILIZATION SUBCHAPTER I - TROUBLED ASSETS RELIEF PROGRAM Sec. 5224 - Market transparency From the U.S. Government Publishing Office, www.gpo.gov

§5224. Market transparency

(a) Pricing To facilitate market transparency, the Secretary shall make available to the public, in electronic form, a description, amounts, and pricing of assets acquired under this chapter, within 2 business days of purchase, trade, or other disposition. (b) Disclosure For each type of financial institutions 1 that sells troubled assets to the Secretary under this chapter, the Secretary shall determine whether the public disclosure required for such financial institutions with respect to off-balance sheet transactions, derivatives instruments, contingent liabilities, and similar sources of potential exposure is adequate to provide to the public sufficient information as to the true financial position of the institutions. If such disclosure is not adequate for that purpose, the Secretary shall make recommendations for additional disclosure requirements to the relevant regulators.

(Pub. L. 110–343, div. A, title I, §114, Oct. 3, 2008, 122 Stat. 3780.)

Editorial Notes

References in Text This chapter, referred to in text, was in the original "this Act" and was translated as reading "this division", meaning div. A of Pub. L. 110–343, Oct. 3, 2008, 122 Stat. 3765, known as the Emergency Economic Stabilization Act of 2008, to reflect the probable intent of Congress. For complete classification of division A to the Code, see Short Title note set out under section 5201 of this title and Tables.

1 So in original. Probably should be "institution".

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC12-SEC-36E473
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
12 U.S.C. § 5224
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
518fbda8258e89a8...
Semantic Edges
Pending — corpus passes queued
The statutory text of 12 U.S.C. § 5224 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
Navigate Corpus — Title 12
◈ Provenance
boisestandard.org United States Law U.S. Code Title 12 12 U.S.C. § 5224