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—
(1)conflicts arising in the selection or hiring of contractors or advisors, including asset managers;
(2)the purchase of troubled assets;
(3)the management of the troubled assets held;
(4)post-employment restrictions on employees; and
(5)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.
This chapter, referred to in subsec. (a), 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.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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Description of Change
Statutes at Large
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