{"data":{"id":"us/12-cfr-380.61","jurisdiction":"us","citation":"12 CFR 380.61","heading":"Appointment of receiver and trustee for covered broker or dealer.","body":"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.","path":["Title 12—Banks and Banking","CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION","SUBCHAPTER B—REGULATIONS AND STATEMENTS OF GENERAL POLICY","PART 380—ORDERLY LIQUIDATION AUTHORITY","Subpart D—Orderly Liquidation of Covered Brokers or Dealers"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"510a1204e8e1923f140dbefb9fa6c13916cb356ffff1f913baad70f69a734214","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-380.60","next":"us/12-cfr-380.62"},"notice":"GroundRules: Original legal text. Not legal advice."}