Page:Emergency Economic Stabilization Act of 2008.djvu/56

 0:LiYOLiY008C04.xml 56 1 (d) SHARING OF INFORMATION.--Atly repo or audit 2 required under this section shall also be submitted to the 3 Cong'essional Oversight Panel established under section 4 125. 5 (e) TERMINATION.--2kIy oversight, reporting, or 6 audit requirement under this section shall terminate on 7 the later of 8 (1) the date that the last troubled asset ae- 9 quired by the SecretroT under section 101 has been 10 sold or transferred out of the ovv7mrship or control 11 of the Federal Government; or 12 (2) the date of expiration of the last insurance 13 contract issued under section 102. 14 SEC. 117. STUDY AND REPORT ON MARGIN AUTHORITY. 15 (a) STUD�.--The Comptroller General shall under- 16 take a study to determine the extent to which leverage 17 and sudden deleveragSng of financial institutions was a 18 factor behind the current financial crisis. 19 (b) CONTENT.--The study required by this section 20 shall include-- 21 22 23 24 25 (1) an analysis of the roles and responsibilities of the Board, the Securities and Exchange Commis- sion, the SeercrafT, and other Federal banking agen- cies with respect to monitoring leverage and acting to curtail excessive leveragSng;

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