Page:United States Statutes at Large Volume 103 Part 1.djvu/580

 103 STAT. 552 PUBLIC LAW 101-73—AUG. 9, 1989 (C) PENALTY FOR UNAUTHORIZED DISCLOSURE. — Any officer or employee of the Department of the Treasury shall be subject to the penalties set forth in section 1906 of title 18, United States Code, if— (i) by virtue of his employment or official position, he has possession of or access to any book, record, or information made available under this subsection and determined by the Secretary to be confidential under subparagraph (A); and (ii) he discloses the material in any manner other than— (I) to an officer or employee of the Department of the Treasury; or (II) pursuant to the exceptions set forth in such section 1906. (c) ASSESSMENT OF RISK.— In assessing the financial safety and soundness of the activities of Government-sponsored enterprises, and the impact of their activities on Federal borrowing, the Sec- retary shall quantify the risks associated with each Government- sponsored enterprise. In quantifying such risks, the Secretary shall determine the volume and type of securities outstanding which are issued or guaranteed by each Government-sponsored enterprise, the capitalization of each Government-sponsored enterprise, and the degree of risk involved in the operations of each Government- sponsored enterprise due to factors such as credit risk, interest rate Reports. risk, Bianagement and operations risk, and business risk. The Sec- retary shall also report on the quality and timeliness of information currently available to the public and the Federal Government concerning the extent and nature of the activities of Government- sponsored enterprises and the financial risk associated with such activities. (d) REPORTS TO CONGRESS.—The Secretary shall submit to the Congress— (1) by May 15, 1990, a report setting forth the results of the 1st annual study conducted under this section; and (2) by May 15, 1991, a report setting forth the results of the 2nd annual study conducted under this section. (e) DEFINITIONS. —For purposes of this section: (1) GOVERNMENT-SPONSORED ENTERPRISE.—The term "Govern- ment-sponsored enterprise" means— (A) the Federal National Mortgage Association, the Fed- eral Home Loan Mortgage Corporation, the Federal Home Loan Bank System, the Farm Credit Banks, the Banks for Cooperatives, the Federal Agricultural Mortgage Corpora- tion, the Student Loan Marketing Association, the College

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