liquidity event

(3) Liquidity event The term “liquidity event” means— (A) an exceptional and broad reduction in the general ability of financial market participants— (i) to sell financial assets without an unusual and significant discount; or (ii) to borrow using financial assets as collateral without an unusual and significant increase in margin; or (B) an unusual and significant reduction in the ability of financial market participants to obtain unsecured credit.

Source

12 USC § 5612(g)(3)


Scoping language

For purposes of this section
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