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FDIC Finalizes Rules for the Recoupment of Compensation from Executives of Failed Financial Institutions
Winston & Strawn LLP, via Lexology; free registration required Link to more items from this source
[Opinion]
July 19, 2011

Despite heavy criticism by commenters, the final rule adopts a rebuttable presumption that certain senior executives or directors are 'substantially responsible' for the failed condition of a financial entity company that is placed into receivership under the orderly liquidation authority of the Dodd-Frank Act.

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