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12 U.S.C. · Banks and Banking
12 U.S.C. § 5237

Authority to suspend mark-to-market accounting

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

12 U.S.C. § 5237 — Authority to suspend mark-to-market accounting

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. 5237 - Authority to suspend mark-to-market accounting From the U.S. Government Publishing Office, www.gpo.gov

§5237. Authority to suspend mark-to-market accounting

(a) Authority The Securities and Exchange Commission shall have the authority under the securities laws (as such term is defined in section 78c(a)(47) of title 15) to suspend, by rule, regulation, or order, the application of Statement Number 157 of the Financial Accounting Standards Board for any issuer (as such term is defined in section 78c(a)(8) of such title) or with respect to any class or category of transaction if the Commission determines that is necessary or appropriate in the public interest and is consistent with the protection of investors. (b) Savings provision Nothing in subsection (a) shall be construed to restrict or limit any authority of the Securities and Exchange Commission under securities laws as in effect on October 3, 2008.

(Pub. L. 110–343, div. A, title I, §132, Oct. 3, 2008, 122 Stat. 3798.)

Source: uscode.house.gov — public domain Official Source ↗
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Federation ID
BS-USC12-SEC-CEEBCA
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
12 U.S.C. § 5237
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
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b787c279f0279b0a...
Semantic Edges
Pending — corpus passes queued
The statutory text of 12 U.S.C. § 5237 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).
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← 12 U.S.C. § 5236 12 U.S.C. § 5238 →
Ch. 52 — EMERGENCY ECONOMIC STABILIZATION
12 U.S.C. § 520112 U.S.C. § 520212 U.S.C. § 521112 U.S.C. § 521212 U.S.C. § 521312 U.S.C. § 521412 U.S.C. § 521512 U.S.C. § 521612 U.S.C. § 521712 U.S.C. § 521812 U.S.C. § 521912 U.S.C. § 5219a12 U.S.C. § 5219b12 U.S.C. § 522012 U.S.C. § 5220a12 U.S.C. § 5220b12 U.S.C. § 522112 U.S.C. § 522212 U.S.C. § 522312 U.S.C. § 522412 U.S.C. § 522512 U.S.C. § 522612 U.S.C. § 522712 U.S.C. § 522812 U.S.C. § 522912 U.S.C. § 523012 U.S.C. § 523112 U.S.C. § 5231a12 U.S.C. § 523212 U.S.C. § 5233
12 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 12 → 12 U.S.C. § 5237