Code of Federal Regulations · Section
§ 380.61 — Appointment Of Receiver And Trustee For Covered Broker Or Dealer
12 C.F.R. § 380.61
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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.
Authorizing Statute
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Definitions12 U.S.C. § 5381
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Powers and duties of the Corporation12 U.S.C. § 5390
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Orderly liquidation of covered brokers and dealers12 U.S.C. § 5385
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Rulemaking; non-conflicting law12 U.S.C. § 5389