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12 U.S.C. § 253Open data publication by the Board of Governors

submitted 113 years ago by Pub. L. 117-263 to r/title-12-BANKS-AND-BANKING · 131 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Federal Reserve Board must publish its public data online. The data must be free to download, easy for people to read, and available through an API where that makes sense.

All public data assets that the Board of Governors publishes under this chapter, the Bank Holding Company Act of 1956, the Financial Stability Act of 2010, the Home Owners' Loan Act, the Payment, Clearing, and Settlement Supervision Act of 2010, or the Enhancing Financial Institution Safety and Soundness Act of 2010 (or any law that Act amended) must be: (1) treated as an open government data asset, using the definition in section 3502 of title 44; (2) free to download; (3) presented in a format people can actually read; and (4) available through an application programming interface (API) where that's appropriate.
the actual law source: uscode.house.gov ↗public domain

All public data assets published by the Board of Governors under this chapter, the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.), the Financial Stability Act of 2010 (12 U.S.C. 5311 et seq.), the Home Owners’ Loan Act (12 U.S.C. 1461 et seq.), the Payment, Clearing, and Settlement Supervision Act of 2010 (12 U.S.C. 5461 et seq.), or the Enhancing Financial Institution Safety and Soundness Act of 2010 (title III of Public Law 111–203) (or any provision of law amended by that Act) shall be—

(1)

made available as an open Government data asset (as defined in section 3502 of title 44);

(2)

freely available for download;

(3)

rendered in a human-readable format; and

(4)

accessible via application programming interface where appropriate.

Source credit: (Dec. 23, 1913, ch. 6, § 32, as added Pub. L. 117–263, div. E, title LVIII, § 5862, Dec. 23, 2022, 136 Stat. 3435.)

history & why it existsrecord from the source credit
  • 1913Enacted · Pub. L. 117-263 · 136 Stat. 3435

A history note hasn’t been published yet. The record shows enactment by Pub. L. 117-263 on 1913-12-23.

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