Partner Camille Bent has co-authored a Practical Guidance titled “Broker-Dealer Insolvencies and the Intersection of SIPA and the Bankruptcy Code” with contributions from Associate Shade Quailey.
The practice note looks at the history and purpose of the Securities Investor Protection Act of 1970 (SIPA) and includes sections about procedural issues for SIPA liquidations, the intersection of SIPA and Securities Laws, Customer Property and Claims, and Extraterritoriality and Comity.
Read the article.