Federal banking authorities approve nonbank liquidation rule and extension for foreign banks on pushout rule

In a busy day's work, on June 5, 2013, the FDIC and the Federal Reserve issued two new rules under Dodd-Frank impacting both domestic and foreign financial institutions.

Filed under:
USA, Banking, Insolvency & Restructuring, Bass Berry & Sims PLC, Liquidation, Federal Deposit Insurance Corporation (USA), Federal Reserve (USA), US House Committee on Agriculture, Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (USA)
Authors:
M. Jason Hale , Anthony J. McFarland
Location:
USA
Firm:
Bass Berry & Sims PLC