Title II: Orderly Liquidation Authority

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:administeredBy gptkb:Federal_Deposit_Insurance_Corporation
gptkbp:appliesTo systemically important financial institutions
gptkbp:codifiedIn gptkb:12_U.S.C._§_5381_et_seq.
gptkbp:dateEnacted 2010
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:excludes insurance companies
insured depository institutions
gptkbp:goal avoid bailouts
minimize taxpayer losses
protect financial stability
https://www.w3.org/2000/01/rdf-schema#label Title II: Orderly Liquidation Authority
gptkbp:partOf gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkbp:providesFor appointment of FDIC as receiver
liquidation of covered financial companies
gptkbp:purpose Provide a process for the orderly liquidation of failing financial companies
gptkbp:relatedTo gptkb:bankruptcy
gptkb:financial_crisis_of_2007–2008
systemic risk
gptkbp:requires shareholders and creditors bear losses
gptkbp:triggeredBy determination of systemic risk by Treasury Secretary
gptkbp:bfsParent gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkbp:bfsLayer 4