12 U.S.C. § 5224 | Market transparency

(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

1 So in original. Probably should be “institution”.

For each type of financial institutions  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, § 114Oct. 3, 2008122 Stat. 3780(, , .)

Editorial Notes

References in Text

Pub. L. 110–343Oct. 3, 2008122 Stat. 3765 section 5201 of this titleThis chapter, referred to in text, was in the original “this Act” and was translated as reading “this division”, meaning div. A of , , , 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 and Tables.