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17 CFR 302.101

§ 302.101 Appointment of receiver and trustee for covered broker or dealer.

United States · 17 CFR — Commodity and Securities Exchanges · Status: effective

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17 CFR 302.101, § 302.101 Appointment of receiver and trustee for covered broker or dealer, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/70257
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Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.