Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 12 - Banks and Banking |
Chapter III - Federal Deposit Insurance Corporation |
SubChapter B - Regulations and Statements of General Policy |
Part 380 - Orderly Liquidation Authority |
Subpart D - XXX |
§ 380.61 - Appointment of receiver and trustee for covered broker or dealer.
Latest version.
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§ 380.61 Appointment of receiver and trustee for covered broker or dealer.
Upon the appointment of the Corporation as receiver for a covered broker or dealer, the Corporation shall appoint SIPC to act as trustee for the covered broker or dealer.