12 U.S.C. § 5218 — Conflicts of interest
submitted 18 years ago by Pub. L. 110-343 to r/title-12-BANKS-AND-BANKING · 113 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The Secretary* shall issue regulations or guidelines necessary to address and manage or to prohibit conflicts of interest that may arise in connection with the administration and execution of the authorities provided under this chapter, including—
conflicts arising in the selection or hiring of contractors or advisors, including asset managers;
the purchase of troubled assets*;
the management of the troubled assets held;
post-employment restrictions on employees; and
any other potential conflict of interest, as the Secretary deems necessary or appropriate in the public interest.
Regulations or guidelines required by this section shall be issued as soon as practicable after October 3, 2008.
Source credit: (Pub. L. 110–343, div. A, title I, § 108, Oct. 3, 2008, 122 Stat. 3774.)
- 2008Enacted · Pub. L. 110-343 · 122 Stat. 3774
A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-343 on 2008-10-03.
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