§ 252.65. Disclosure requirements.
122 words·~1 min read·
/us/cfr/t12/s§ 252.65·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A global systemically important BHC must publicly disclose a description of the financial consequences to unsecured debtholders of the global systemically important BHC entering into a resolution proceeding in which the global systemically important BHC is the only entity that would be subject to the resolution proceeding.
(b)A global systemically important BHC must provide the disclosure required by paragraph
(a)of this section:
(1)In the offering documents for all of its eligible debt securities; and
(2)Either:
(i)On the global systemically important BHC's Web site; or
(ii)In more than one public financial report or other public regulatory reports, provided that the global systemically important BHC publicly provides a summary table specifically indicating the location(s) of this disclosure.