2017 US Code
Title 12 - Banks and Banking
Chapter 52 - Emergency Economic Stabilization
Subchapter I - Troubled Assets Relief Program
Sec. 5224 - Market transparency
| 12 U.S.C. § 5224 (2017) |
| §5224. Market transparency |
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(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) DisclosureFor 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. |
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(Pub. L. 110–343, div. A, title I, §114, Oct. 3, 2008, 122 Stat. 3780.) |
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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. |
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1 So in original. Probably should be "institution". |
| 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. 5224 - Market transparency |
| section 5224 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 122 Stat. 3780, 3765 |
| Public Law 110-343 |
