Page:United States Statutes at Large Volume 122.djvu/3816

 12 2 STA T .379 3 PUBLIC LA W 11 0– 3 4 3 —O CT. 3 , 200 8(3)STAF F O FA GENCI E S.—Uponrequ e st o f t h e Ov ers ig ht Pa ne l, the hea d of an yF ederal depart m ent or agen c y may detail, on a reim b ursable basis, any of the personnel of that department or agency to the Oversight Panel to assist it in carrying out its duties under this A ct. (e) PO W E R S.— ( 1 ) H EARINGS AN D SESSIONS.— T he Oversight Panel may, for the purpose of carrying out this section, hold hearings, sit and act at times and places, ta k e testimony, and receive evidence as the Panel considers appropriate and may admin - ister oaths or affirmations to w itnesses appearing before it. ( 2 ) POWERS OF M EM B ERS AND AGENTS.—Any member or agent of the Oversight Panel may, if authori z ed by the Over- sight Panel, take any action which the Oversight Panel is authorized to take by this section. (3) OBTAINING OFFICIA L DATA.—The Oversight Panel may secure directly from any department or agency of the United States information necessary to enable it to carry out this section. Upon request of the C hairperson of the Oversight Panel, the head of that department or agency shall furnish that information to the Oversight Panel. ( 4 ) R E P ORTS.—The Oversight Panel shall receive and con- sider all reports required to be submitted to the Oversight Panel under this Act. (f) TERMINATION.—The Oversight Panel shall terminate 6 months after the termination date specified in section 12 0 . (g) F U NDING FOR EX PENSES.— (1) AUT H ORI Z ATION OF APPROPRIATIONS.—There is author- ized to be appropriated to the Oversight Panel such sums as may be necessary for any fiscal year, half of which shall be derived from the applicable account of the House of Rep- resentatives, and half of which shall be derived from the contin- gent fund of the Senate. (2) REIMBURSEMENT OF AMOUNTS.—An amount equal to the e x penses of the Oversight Panel shall be promptly trans- ferred by the Secretary, from time to time upon the presentment of a statement of such expenses by the Chairperson of the Oversight Panel, from funds made available to the Secretary under this Act to the applicable fund of the House of Represent- atives and the contingent fund of the Senate, as appropriate, as reimbursement for amounts expended from such account and fund under paragraph (1). SEC.126 . FDI C AUTHOR IT Y . (a) I N G ENERAL.—Section 1 8 (a) of the Federal D eposit Insurance Act (12 U.S.C. 1828(a)) is amended by adding at the end the following new paragraph

‘(4) FALSE AD V ERTISING, MISUSE OF FDIC NAMES, AND MIS- REPRESENTATION TO INDICATE INSURED STATUS.— ‘‘(A) PROHIBITION ON FALSE ADVERTISING AND MISUSE OF FDIC NAMES.— N o person may represent or imply that any deposit liability, obligation, certificate, or share is insured or guaranteed by the Corporation, if such deposit liability, obligation, certificate, or share is not insured or guaranteed by the Corporation—

�