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Orderly Liquidation Authority Provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act

FDIC · final-rule · Published 2011-01-25 · Effective 2011-01-25 · 76 FR 4207

Document

Document number
2011-1379
Federal Register citation
76 FR 4207
CFR reference
12 CFR 380
Type
Rule
Action
Interim final rule.
Category
final-rule
Agency
US Federal Deposit Insurance Corporation
Publication date
2011-01-25
Effective date
2011-01-25

Abstract

The FDIC is issuing an interim final rule ("Rule"), with request for comments, which implements certain provisions of its authority to resolve covered financial companies under Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd- Frank Act"). The FDIC's purpose in issuing this Rule is to provide greater clarity and certainty about how key components of this authority will be implemented and to ensure that the liquidation process under Title II reflects the Dodd- Frank Act's mandate of transparency in the liquidation of failing systemic financial companies.

Source

Authoritative
Federal Register document
Machine
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