H.R.2727 - Financial Transparency Restoration Act111th Congress (2009-2010)
|Sponsor:||Rep. Jones, Walter B., Jr. [R-NC-3] (Introduced 06/04/2009)|
|Committees:||House - Financial Services; Agriculture|
|Latest Action:||06/22/2010 Referred to the Subcommittee on General Farm Commodities and Risk Management.|
This bill has the status Introduced
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Subject — Policy Area:
- Finance and Financial Sector
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Summary: H.R.2727 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (06/04/2009)
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.