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TREAS/DO RIN: 1505-AC05 Publication ID: Fall 2009 
Title: Emergency Economic Stabilization Act; Conflicts of Interest 
Abstract: This rule provides guidance on conflicts of interest pursuant to section 108 of the Emergency Economic Stabilization Act of 2008 (EESA), which was enacted on October 3, 2008. 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 31 CFR 31   
Legal Authority: PL 110-343    122 Stat 3765   
Legal Deadline:  None

Statement of Need: This rulemaking is necessary to revise the interim conflicts of interest rule issued in January 2009 based on public comments received. This January 2009 interim rule addressed conflicts that may arise during the selection of individuals or entities seeking a contract or financial agency agreement with the Treasury, particularly those involved in the acquisition, valuation, management, and disposition of troubled assets.

Summary of the Legal Basis: This rule is issued pursuant to section 108 of the Emergency Economic Stabilization Act of 2008 (EESA), which was enacted on October 3, 2008. Section 108 of EESA authorizes the Secretary to issue regulations or guidelines necessary to address and manage or to prohibit conflicts of interest that may arise in connection with the administration and execution of the EESA authorities.

Alternatives: Not applicable.

Anticipated Costs and Benefits: Not applicable.

Risks: Not applicable.

Timetable:
Action Date FR Cite
Interim Final Rule  01/21/2009  74 FR 3431   
Interim Final Rule Effective  01/21/2009    
Interim Final Rule Comment Period End  03/23/2009    
Final Rule  12/00/2009    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: Yes 
RIN Data Printed in the FR: No 
Agency Contact:
Program Compliance Officer
Office of Financial Stability
Department of the Treasury
Departmental Offices
1500 Pennsylvania Avenue NW.,
Washington, DC 20220
Phone:202 622-2000
Email: tarp.compliance@do.treas.gov