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1 to the extent the Secretary shall by regulation specify, either 2 for the purposes of this title generally or any particular re3 quirement thereunder, the Commonwealth of Puerto Rico, 4 the possessions of the United States, United States military 5 establishments, and United States diplomatic establishments. 6 (e) The term "financial institution" means any person 7 which does business in any one or more of the following 8 capacities:

(1) an insured bank as defined in section 3 of the Federal Deposit Insurance Act.

(2) a commercial bank or trust company.

(3) a private banker.

(4) a branch within the United States of any foreign bank.

(5) an insured institution as defined in section 401 of the National Housing Act.

(6) a savings bank, building and loan association,

credit union, or other thrift institution.

(7) a broker or dealer registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934.

(8) a broker or dealer in securities or commodities.

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(9) an investment banker.

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(10) a currency exchange.

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(11) an issuer, redeemer, or casher of travelers'

checks, checks, money orders, or similar instruments.

(12) an operator of a credit card system.

(13) an insurance company.

(14) a dealer in precious metals, stones, or jewels.

(15) a pawnbroker.

(16) a finance or loan company.

(17) any other type of business or institution per

forming similar, related, or substitute functions specified

by the Secretary by regulation for the purposes of the provision of this title to which the regulation relates.

(f) The term "financial agency" means any person 13 which acts in the capacity of a financial institution or in the 14 capacity of a bailee, depository, trustee, agent, or in any 15 other similar capacity with respect to money, credit, securi16 ties, or gold, or transactions therein, on behalf of any person 17 other than a government, a monetary or financial authority 18 when acting as such, or an international financial institution 19 of which the United States is a member.

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(g) The term "domestic", used with reference to institu

21 tions or agencies, limits the applicability of the provision

22 wherein it appears to such institutions or agencies to the ex

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tent that they perform any functions as such within the United

24 States.

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1 (h) The term "foreign", used with reference to institu2 tions or agencies, limits the applicability of the provision 3 wherein it appears to such institutions or agencies to the ex4 tent that they perform any functions as such outside the 5 United States.

6 (i) References to this title or any provision thereof 7 include regulations issued under this title or the provision 8 thereof in question.

9 (j) All reports required under this title and all records 10 of any such reports are specifically exempted from disclosure 11 under section 552 of title 5, United States Code.

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(k) For the purposes of section 1001 of title 18, United 13 States Code, the contents of reports required under any pro14 vision of this title are statements and representations in mat15 ters within the jurisdiction of an agency of the United 16 States.

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(m) The term "monetary instruments" means coin and currency of the United States, and in addition, such foreign 19 coin and currencies, and such types of checks, bills, notes, 20 bonds, stock transferable by delivery, or other obligations or 21 instruments as the Secretary may by regulation specify for 22 the purposes of the provision of this title to which the regula23 tion relates.

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Sec. 204. Regulations

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The Secretary shall prescribe such regulations as he may 3 deem appropriate to carry out the purposes of this title.

4 Sec. 205. Compliance procedures

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The Secretary may by regulation require any class of 6 domestic financial institutions to maintain such procedures as 7 he may deem appropriate to assure compliance with the pro8 visions of this title. For the purposes of both civil and crimi9 nal penalties for violations of this section, a separate viola10 tion shall be deemed to occur with respect to each day and each separate office, branch, or place of business in which

12 the violation occurs or continues.

13 Sec. 206. Exemptions

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The Secretary may make such exemptions from any re15 quirement otherwise imposed under this title as he may deem 16 appropriate. Any such exemption may be conditional or un17 conditional, by regulation, order, or licensing, or any com18 bination thereof, and may relate to any particular trans19 action, to the type or amount (whether or not an amount is 20 specified in this title) of the transaction, to the party or 21 parties or the classification of parties, or to any combination 22 thereof. The Secretary may in his discretion, in any manner

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giving actual or constructive notice to the parties affected,

46-824 O 70-4

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1 revoke any exemption made under this section. Any such

2 revocation shall remain in effect pending any judicial review. 3 Sec. 207. Civil penalty

4 (a) For each willful violation of this title, the Secretary

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may assess upon any domestic financial institution, and upon

any partner, director, officer, or employee thereof who will7 fully participates in the violation, a civil penalty not exceed8 ing $1,000.

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(b) In the event of the failure of any person to pay

any penalty assessed under this title, a civil action for the 11 recovery thereof may, in the discretion of the Secretary, be 12 brought in the name of the United States.

13 Sec. 208. Injunctions

14 Whenever it appears to the Secretary that any person 15 has engaged, is engaged, or is about to engage in any acts or

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practices constituting a violation of the provisions of this title, or of any order thereunder, he may in his discretion bring an

action, in the proper district court of the United States or the

proper United States court of any territory or other place sub

ject to the jurisdiction of the United States, to enjoin such acts or practices, and upon a proper showing a permanent or tem

porary injunction or restraining order shall be granted with

out bond. Upon application of the Secretary, any such court

24 may also issue mandatory injunctions commanding any per