11 U.S.C. § 742 : US Code - Section 742: Effect of section 362 of this title in this subchapter
Search 11 U.S.C. § 742 : US Code - Section 742: Effect of section 362 of this title in this subchapter
Notwithstanding section 362 of this title, SIPC may file an
application for a protective decree under the Securities Investor
Protection Act of 1970. The filing of such application stays all
proceedings in the case under this title unless and until such
application is dismissed. If SIPC completes the liquidation of the
debtor, then the court shall dismiss the case.
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Stockbroker liquidation