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01/20/2023|1 minute read

Broker-Dealer Insolvencies and the Intersection of SIPA and the Bankruptcy Code - This Lexis Practical Guidance practice note by Camille Bent, BakerHostetler and Nathanael S. Kelley, Securities Investor Protection Corporation, with contributions by Shadé I. Quailey, BakerHostetler, discusses the Securities Investor Protection Act of 1970 (SIPA), 15 U.S.C. §§ 78aaa–78lll, enacted to protect securities investors from losses caused by the failure of U.S.-registered broker-dealers. The practice note addresses, among other things, the history and purpose of SIPA, procedural issues for SIPA liquidations, and the intersection of SIPA and securities law.  See Broker-Dealer Insolvencies and the Intersection of SIPA and the Bankruptcy Code (lexis.com).


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