§ 5224. Market transparency
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/usc/title-12/section-5224A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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)Disclosure For 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.
(Pub. L. 110–343, div. A, title I, § 114, Oct. 3, 2008, 122 Stat. 3780.)
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- Pub. L. 110–343, div. A, title I, § 114
- 122 Stat. 3780
- Pub. L. 110–343
- 122 Stat. 3765
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§ 5224
Market transparency
Stat. Comp.×1
Stat.×1
Cite1
Pub. L.Pub. L. 110–343, div. A, title I, § 114
Stat.122 Stat. 3780
Pub. L.Pub. L. 110–343
Stat.122 Stat. 3765
Cites 6Cited by 2 across 2 sources