[Code of Federal Regulations]

[Title 12, Volume 6]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 12CFR630.5]



[Page 292]

 

                       TITLE 12--BANKS AND BANKING

 

                 CHAPTER VI--FARM CREDIT ADMINISTRATION

 

PART 630_DISCLOSURE TO INVESTORS IN SYSTEMWIDE AND CONSOLIDATED BANK 

DEBT OBLIGATIONS OF THE FARM CREDIT SYSTEM--Table of Contents

 

                            Subpart A_General

 

Sec. 630.5  Prohibition against incomplete, inaccurate, or misleading 

disclosure.



    Neither the Funding Corporation, nor any institution supplying 

information to the Funding Corporation under this part, nor any 

employee, officer, director, or nominee for director of the Funding 

Corporation or of such institutions, shall make or cause to be made any 

disclosure to investors and the general public required by this part 

that is incomplete, inaccurate, or misleading. When any such institution 

or person makes or causes to be made disclosure under this part that, in 

the judgment of the FCA, is incomplete, inaccurate, or misleading, 

whether or not such disclosure is made in published statements required 

by this part, such institution or person shall promptly furnish to the 

Funding Corporation, and the Funding Corporation shall promptly publish, 

such additional or corrective disclosure as is necessary to provide full 

and fair disclosure to investors and the general public. Nothing in this 

section shall prevent the FCA from taking additional actions to enforce 

this section pursuant to its authority under title V, part C of the Act.