On October 17th, the Federal Reserve Board approved a final rule implementing the resolution plan requirement in the Dodd-Frank Act for bank holding companies with assets of $50 billion or more and nonbank systemically important financial institutions.
On September 8th, Reuters reported that on September 13, 2011, the FDIC will vote on whether to adopt new "living will" rules for banks.
On August 14th, Bloomberg reported on the FDIC's efforts to draft the Dodd-Frank Act's "living wills" provisions.
On July 6th, MarketWatch reported that the FDIC has delayed finalizing the "living wills" provisions of the Dodd-Frank Act.
On February 28th, Reuters reported the remarks of FDIC Chairman Sheila Bair concerning "living wills," the liquidation plans that non-bank financial institutions must develop.