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Advanced Search About the Fed News & Events Monetary Policy Supervision & Regulation Payment Systems Economic Research Data Consumers & Communities Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. Home > News & Events > Press Releases Press Release April 21, 2011 Federal Reserve invites comment on two bankruptcy-related studies that it will conduct For immediate release Share The Federal Reserve Board on Thursday issued a request for public information and comment on two bankruptcy-related studies that it is required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 216 of the Dodd Frank Act requires the Board, in consultation with the Administrative Office of the United States Courts (AOUSC), to study the resolution of financial companies under Chapter 7 or Chapter 11 of the United States Bankruptcy Code. Section 217 of the act requires the Board, in consultation with the AOUSC, to study international coordination of the resolution of systemically important financial companies under the Bankruptcy Code and applicable foreign law. Section 216 and Section 217 each identifies specific issues that are to be studied. The Board is seeking public comment on how to address the specific issues that are required to be included in the studies. It is also seeking public comment on any studies, research or other empirical data or information that it should take into account, as well as on any additional factors or considerations that should be addressed. Comments must be submitted within 30 days from the date of publication in the Federal Register, which is expected shortly. Comments: Submit | View Attachment Last Update: April 21, 2011 BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM About the Fed News & Events Monetary Policy Supervision & Regulation Payment Systems Economic Research Data Consumers & Communities Financial Stability TOOLS AND INFORMATION STAY CONNECTED Contact Publications Freedom of Information (FOIA) Office of Inspector General Budget & Performance | Audit No FEAR Act Español Website Policies | Privacy Program Accessibility BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM 20th Street and Constitution Avenue N.W., Washington, DC 20551