A bill to make certain conforming amendments to the Securities Investor Protection Act of 1970 required by the enactment of the Bankruptcy Amendments and Federal Judgeship Act of 1984.

Summary

Amends the Securities Investor Protection Act of 1970 to require a district court to refer an entire securities broker or dealer liquidation proceeding to the bankruptcy judges for the district upon the issuance of a protective decree and appointment of a trustee. Allows the district court to withdraw such proceeding, in whole or in part, for cause shown, with specified exceptions. Provides for the participation of the Securities Investor Protection Corporation in liquidation proceedings held in State courts. Makes technical amendments required by enactment of the Bankruptcy Amendments and Federal Judgeship Act of 1984.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 28 February 1985

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.