HR 2727 · 111th Congress · Finance and Financial Sector
Financial Transparency Restoration Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on General Farm Commodities and Risk Management.(2010-06-22)
Plain Language Summary
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Financial Transparency Restoration Act - Requires each financial institution to publish, within 30 days after the end of each fiscal quarter, a statement of its financial condition in a newspaper of general paid circulation published in a city or county within each of its market areas. Requires such financial statements to include a written verification of the accuracy of the statement, under oath or by affirmation, by the president of the financial institution or another officer designated by its board of directors.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
3 Democrats2 Republicans