Title 12 › Chapter 46— GOVERNMENT SPONSORED ENTERPRISES › Subchapter I— SUPERVISION AND REGULATION OF ENTERPRISES › Part B— Additional Authorities of the Director › Subpart 3— enforcement › § 4586
The Director must make public written agreements or statements that the Director can enforce, any final enforcement orders, and any changes or endings to those agreements or orders. Hearings about charges are open to the public unless the Director decides in writing that an open hearing would harm the public interest. If the Director writes that making an order public would seriously threaten an enterprise’s financial soundness, the Director can delay releasing it for a reasonable time. The Director may also file parts of documents under seal in a hearing if a written finding says disclosure would be against the public interest. The Director must keep records of all those documents, enforcement agreements, supervisory actions, and supporting papers for at least 6 years. Nothing here lets the Director withhold information from Congress or its committees.
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Banks and Banking — Source: USLM XML via OLRC
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Citation
12 U.S.C. § 4586
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60