Rebecca Simmons Authors Article for Banking Perspective

April 10, 2014

Banking Perspective published an article by Ms. Simmons in its first quarter issue titled, “Single Point of Entry: A Strategy to Resolve Large and Complex Financial Companies.” The article discusses a new responsibility placed on the FDIC by the Dodd-Frank Act, that of liquidating U.S. systemically important financial institutions when resolution under the Bankruptcy Code is not appropriate. Ms. Simmons goes on to explain the single-point-of-entry strategy that the FDIC has adopted in regards to this new responsibility.