Page:United States Statutes at Large Volume 124.djvu/2143

 124 STAT. 2117 PUBLIC LAW 111–203—JULY 21, 2010 participants in any credit facility or covered trans- action, the amounts borrowed by or transferred by or to specific participants in any credit facility or cov- ered transaction, or identifying details regarding assets or collateral held or transferred by, under, or in connec- tion with any credit facility or covered transaction, and any report provided under subparagraph (A) shall be redacted to ensure that such names and details are not disclosed. ‘‘(ii) DELAYED RELEASE.—The nondisclosure obliga- tion under clause (i) shall expire with respect to any participant on the date on which the Board of Gov- ernors, directly or through a Federal reserve bank, publicly discloses the identity of the subject participant or the identifying details of the subject assets, collat- eral, or transaction. ‘‘(iii) GENERAL RELEASE.—The Comptroller General shall release a nonredacted version of any report on a credit facility 1 year after the effective date of the termination by the Board of Governors of the authorization for the credit facility. For purposes of this clause, a credit facility shall be deemed to have terminated 24 months after the date on which the credit facility ceases to make extensions of credit and loans, unless the credit facility is otherwise terminated by the Board of Governors. ‘‘(iv) EXCEPTIONS.—The nondisclosure obligation under clause (i) shall not apply to the credit facilities Maiden Lane, Maiden Lane II, and Maiden Lane III. ‘‘(v) RELEASE OF COVERED TRANSACTION INFORMA- TION.—The Comptroller General shall release a non- redacted version of any report regarding covered trans- actions upon the release of the information regarding such covered transactions by the Board of Governors of the Federal Reserve System, as provided in section 11(s) of the Federal Reserve Act.’’. (b) ACCESS TO RECORDS.—Section 714(d) of title 31, United States Code, is amended— (1) in paragraph (2), by inserting ‘‘or any person or entity described in paragraph (3)(A)’’ after ‘‘used by an agency’’; (2) in paragraph (3), by inserting ‘‘or (f)’’ after ‘‘subsection (e)’’ each place that term appears; (3) in clauses (i) and (ii) of paragraph (3)(A), by inserting ‘‘or the Federal Reserve banks’’ after ‘‘by the Board’’ each place that term appears; (4) in paragraph (3)(A)(ii), by inserting ‘‘participating in or’’ after ‘‘any entity’’; and (5) in paragraph (3)(B), by adding at the end the following: ‘‘The Comptroller General may make and retain copies of books, accounts, and other records provided under subparagraph (A) as the Comptroller General deems appropriate. The Comptroller General shall provide to any person or entity described in subparagraph (A) a current list of officers and employees to whom, with proper identification, records and property may be made available, and who may make notes or copies necessary to carry out a audit or examination under this subsection.’’. Records. Deadline. Expiration date.