12 C.F.R. PART 1730—DISCLOSURE OF FINANCIAL AND OTHER INFORMATION
Title 12 - Banks and Banking
Authority: 12 U.S.C. 4513; 12 U.S.C. 4514; 12 U.S.C. 4631; and, 12 U.S.C. 4632.
Source: 68 FR 16718, Apr. 7, 2003, unless otherwise noted.
(a) The purpose of this part is to require the Enterprises to prepare and submit financial and other disclosures as specified by OFHEO. (b) This part does not limit or restrict the authority of OFHEO to act under its safety and soundness mandate to regulate the Enterprises, including conducting examinations, requiring reports and disclosures, and enforcing compliance with applicable laws, rules and regulations. For purposes of this part, the term: (a) Commission means the Securities and Exchange Commission (or SEC). (b) Disclosure or disclosures means any report[s], form[s], or other information submitted by the Enterprises pursuant to this part and may be used interchangeably with the terms “report[s]” or “form[s].” (c) Enterprise means the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; and the term “Enterprises” means, collectively, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. (d) Exchange Act means the Securities Exchange Act of 1934. (e) OFHEO means the Office of Federal Housing Enterprise Oversight (or the office). (a) Each Enterprise shall prepare disclosures relating to its financial condition, results of operation, business developments, and management's expectations that include supporting financial information and certifications. (b) The requirement of paragraph (a) of this section for disclosures will be satisfied if: (1) In the case of an Enterprise having a class of securities registered pursuant to Section 12 of the Exchange Act, the Enterprise prepares and makes public an annual report, quarterly report and current reports and such other materials that may be required under the rules and regulations of the Commission, including interpretations of the Commission and its staff and rules governing audited financial statements; (2) The Enterprise files with the Commission all reports, statements, and forms required pursuant to Sections 14(a) and (c) of the Exchange Act and by rules and regulations adopted by the Commission under those sections that would be required to be filed by the Enterprises if the Enterprises has a class of equity securities registered under Section 12(g) of the Exchange Act that were not exempted securities under the Exchange Act; and, (3) The officers and directors of the Enterprise file with the Commission all reports and forms relating to the common stock of the Enterprise that would be required to be filed by the officers and directors pursuant to Section 16 of the Exchange Act and by rules and regulations adopted by the Commission under that section if the Enterprises had a class of equity securities registered under Section 12(g) of the Exchange Act that were not exempted securities under the Exchange Act. Unless otherwise required by OFHEO, the Enterprises shall provide to OFHEO on a concurrent basis copies of all disclosures filed with the SEC pursuant to §1730.3.
Title 12: Banks and Banking
PART 1730—DISCLOSURE OF FINANCIAL AND OTHER INFORMATION
Section Contents
§ 1730.1 Purpose.
§ 1730.2 Definitions.
§ 1730.3 Periodic disclosures.
§ 1730.4 Submission of disclosures.
§ 1730.1 Purpose.
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§ 1730.2 Definitions.
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§ 1730.3 Periodic disclosures.
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§ 1730.4 Submission of disclosures.
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