2017 US Code
Title 12 - Banks and Banking
Chapter 52 - Emergency Economic Stabilization
Subchapter I - Troubled Assets Relief Program
Sec. 5218 - Conflicts of interest
| 12 U.S.C. § 5218 (2017) |
| §5218. Conflicts of interest |
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(a) Standards required
The Secretary shall issue regulations or guidelines necessary to address and manage or to prohibit conflicts of interest that may arise in connection with the administration and execution of the authorities provided under this chapter, including— (1) conflicts arising in the selection or hiring of contractors or advisors, including asset managers; (2) the purchase of troubled assets; (3) the management of the troubled assets held; (4) post-employment restrictions on employees; and (5) any other potential conflict of interest, as the Secretary deems necessary or appropriate in the public interest. Regulations or guidelines required by this section shall be issued as soon as practicable after October 3, 2008. |
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(Pub. L. 110–343, div. A, title I, §108, Oct. 3, 2008, 122 Stat. 3774.) |
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REFERENCES IN TEXT
This chapter, referred to in subsec. (a), 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. |
| United States Code, 2012 Edition, Supplement 5, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 52 - EMERGENCY ECONOMIC STABILIZATION SUBCHAPTER I - TROUBLED ASSETS RELIEF PROGRAM Sec. 5218 - Conflicts of interest |
| section 5218 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 122 Stat. 3774, 3765 |
| Public Law 110-343 |
