OLA

From ACT Wiki
Revision as of 21:49, 7 December 2016 by imported>Doug Williamson (Add link.)
Jump to navigationJump to search

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