Federal Commercial Credit Marketing Corporation Act of 1992

[AI summary unavailable — showing source text] Federal Commercial Credit Marketing Corporation Act of 1992 - Title I: Federal Commercial Credit Marketing Corporation - Establishes the Federal Commercial Credit Corporation (the Corporation) as an instrumentality of the United States, managed by a board of directors, whose purpose is to establish a secondary commercial credit market. Outlines corporate structure and operations. Directs the Board of Governors of the Federal Reserve System (the Board) to purchase preferred stock of the Corporation from amounts attributable to the interest earned by the Board on reserves maintained by insured depository institutions. Mandates that the Corporation be rechartered as a State-chartered corporation ten years after enactment of this Act. Title II: Supervision and Regulation of Federal Commercial Credit Corporation - Subtitle A: Establishment of Regulatory Agency - Establishes in the Department of the Treasury the Office of Secondary Commercial Credit Market Examination and Oversight (the Office), under the management of a Director whose authority is subject to limited approval of the Secretary of the Treasury. Establishes the Secondary Commercial Credit Market Examination and Oversight Fu…