Title 12 › Chapter CHAPTER 46— - GOVERNMENT SPONSORED ENTERPRISES › Subchapter SUBCHAPTER I— - SUPERVISION AND REGULATION OF ENTERPRISES › Part Part B— - Additional Authorities of the Director › Subpart subpart 3— - enforcement › § 4586
The Director must make public certain documents: any written agreement or statement the Director can use to correct a violation, any enforcement order that has become final under sections 4582 and 4583, and any changes or endings to those items. Hearings on notices of charges must be open to the public unless the Director, in the Secretary’s discretion, decides an open hearing would harm the public interest. If the Director writes that publishing a final order would seriously threaten an enterprise’s financial health, the Director may delay making it public for a reasonable time. The Director may also submit documents under seal (keep them secret) if written reasons show disclosure would harm the public interest. The Director must keep records of these items and related enforcement papers for at least 6 years. Nothing here lets the Director withhold information from Congress.
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Banks and Banking — Source: USLM XML via OLRC
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Reference
Citation
12 U.S.C. § 4586
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73