---
kind: "section"
citation: "12 U.S.C. § 4518a"
title: "12"
title_heading: "Banks and Banking"
number: "4518a"
heading: "Limitation on bonuses to executives of Fannie Mae and Freddie Mac"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/4518a"
units:
  - "Chapter 46 — Government Sponsored Enterprises"
  - "Subchapter I — Supervision and Regulation of Enterprises"
  - "Part A — Financial Safety and Soundness Regulator"
---

# §4518a. Limitation on bonuses to executives of Fannie Mae and Freddie Mac


Notwithstanding any other provision in law, senior executives at the Federal National [Mortgage](/usc/12/1707.md?p=a) Association and the Federal Home Loan [Mortgage](/usc/12/1707.md?p=a) Corporation are prohibited from receiving bonuses during any period of conservatorship for those entities on or after April 4, 2012.


## Source credit

(Pub. L. 112–105, § 16, Apr. 4, 2012, 126 Stat. 303.)

## Notes

### Editorial Notes

### Codification

Section was enacted as part of the Representative Louise McIntosh Slaughter Stop Trading on Congressional Knowledge Act, also known as the STOCK Act, and not as part of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 which comprises this chapter.