; and (B) the conferees will not be bound by any argument or position advocated or agreed to, expressly or impliedly, during the conference. (2) At the discretion of the Secretary The request should be made to the Secretary, and any decision to grant such a conference is wholly within the discretion of the Secretary. (3) Treatment of new arguments or facts Any new arguments or facts put forth by the requester at the meeting must be reduced to writing by the requester and submitted in conformity with subsection (b)(1) before they may be considered in connection with the request. (d) Issuing rulings (1) In general The Secretary shall, within 120 days of receiving the request for a ruling under this section, issue a written ruling interpreting the relationship between the Bank Secrecy Act and each situation for which such a ruling has been requested under this section. (2) Public disclosure A ruling rendered pursuant to this section shall be placed in the public record 90 days after the requesting party has received the ruling, subject to any limitations on public disclosure arising from statutory restrictions, regulations, or the public interest. The Secretary shall redact any personal, confidential, or identifying information about the person or any other persons mentioned in the administrative ruling, unless the person consents to such disclosure. (3) Precedential value of rulings A ruling issued under this section shall bind the Secretary and shall have precedential value, and hence may be relied upon by others similarly situated. (4) Availability of rulings The Secretary shall make all such rulings available to any person upon written request specifically identifying the ruling sought. (e) Modifying or rescinding rulings (1) In general The Secretary may modify or rescind any ruling made pursuant to this section— (A) when, in light of changes in statute or regulations, the ruling no longer sets forth the interpretation of the Secretary with respect to the described situation