2014 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 52 - Emergency Economic Stabilization (Sections 5201 - 5261)
Subchapter I - Troubled Assets Relief Program (Sections 5211 - 5241)
Sec. 5237 - Authority to suspend mark-to-market accounting

View Metadata
Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 2, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 52 - EMERGENCY ECONOMIC STABILIZATION
SUBCHAPTER I - TROUBLED ASSETS RELIEF PROGRAM
Sec. 5237 - Authority to suspend mark-to-market accounting
Containssection 5237
Date2014
Laws In Effect As Of DateJanuary 5, 2015
Positive LawNo
Dispositionstandard
Source CreditPub. L. 110-343, div. A, title I, §132, Oct. 3, 2008, 122 Stat. 3798.
Statutes at Large Reference122 Stat. 3798
Public and Private LawPublic Law 110-343

Download PDF


12 U.S.C. § 5237 (2014)
§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.)

Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.