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''US.''
''US - bank supervision''


Orderly Liquidation Authority, Title II of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010.
Orderly Liquidation Authority, Title II of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010.


It created a new federal receivership process whereby the [[FDIC]] may serve as receiver for large, interconnected financial companies, including broker-dealers, whose failure poses a significant risk to the financial stability of the United States.


"Financial companies" for this purpose include:
It created a new federal receivership process whereby the Federal Deposit Insurance Corporation ([[FDIC]]) may serve as receiver for large, interconnected financial companies, including broker-dealers, whose failure poses a significant risk to the financial stability of the United States.
* bank holding companies
 
* non-bank financial companies supervised by the [[Board of Governors of the Federal Reserve System ]], including non-bank financial companies that the [[Financial Stability Oversight Council]] has determined must be supervised by the Board of Governors
 
* subsidiaries of entities in the two previous categories - other than subsidiaries that are insured depository institutions or insurance companies
'Financial companies' for this purpose include:
* brokers and dealers registered with the SEC and that are members of the [[SIPC]].
* Bank holding companies;
* Non-bank financial companies supervised by the [[Board of Governors of the Federal Reserve System]], including non-bank financial companies that the [[Financial Stability Oversight Council]] has determined must be supervised by the Board of Governors;
* Subsidiaries of entities in the two previous categories - other than subsidiaries that are insured depository institutions or insurance companies; and
* Brokers and dealers registered with the [[Securities and Exchange Commission]] and that are members of the [[SIPC]].
 
 
==See also==
* [[Dodd-Frank]]
* [[Resolution]]
* [[Resolution Authority]]
* [[Securities Investor Protection Corporation]]  (SIPC)
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Latest revision as of 06:27, 27 June 2022

US - bank supervision

Orderly Liquidation Authority, Title II of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010.


It created a new federal receivership process whereby the Federal Deposit Insurance Corporation (FDIC) may serve as receiver for large, interconnected financial companies, including broker-dealers, whose failure poses a significant risk to the financial stability of the United States.


'Financial companies' for this purpose include:


See also