---
kind: "section"
citation: "12 U.S.C. § 5224"
title: "12"
title_heading: "Banks and Banking"
number: "5224"
heading: "Market transparency"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/5224"
units:
  - "Chapter 52 — Emergency Economic Stabilization"
  - "Subchapter I — Troubled Assets Relief Program"
---

# §5224. Market transparency

- (a) **Pricing—** To facilitate market transparency, the [Secretary](/usc/12/5202.md?p=7) shall make available to the public, in electronic form, a description, amounts, and pricing of assets acquired under this chapter, within 2 business days of purchase, trade, or other disposition.
- (b) **Disclosure—** For each type of [financial institutions](/usc/12/5202.md?p=5)[^1] that sells [troubled assets](/usc/12/5202.md?p=9) to the [Secretary](/usc/12/5202.md?p=7) under this chapter, the [Secretary](/usc/12/5202.md?p=7) shall determine whether the public disclosure required for such [financial institutions](/usc/12/5202.md?p=5) with respect to off-balance sheet transactions, derivatives instruments, contingent liabilities, and similar sources of potential exposure is adequate to provide to the public sufficient information as to the true financial position of the institutions. If such disclosure is not adequate for that purpose, the [Secretary](/usc/12/5202.md?p=7) shall make recommendations for additional disclosure requirements to the relevant regulators.

## Footnotes

[^1]: So in original. Probably should be “institution”.

## Source credit

(Pub. L. 110–343, div. A, title I, § 114, Oct. 3, 2008, 122 Stat. 3780.)

## Notes

### Editorial Notes

### References in Text

This chapter, referred to in text, was in the original “this Act” and was translated as reading “this division”, meaning div. A of Pub. L. 110–343, Oct. 3, 2008, 122 Stat. 3765, known as the Emergency Economic Stabilization Act of 2008, to reflect the probable intent of Congress. For complete classification of division A to the Code, see Short Title note set out under section 5201 of this title and Tables.