Calculation of Maximum Obligation Limitation

This notice of proposed rulemaking is published jointly by the Federal Deposit Insurance Corporation (the "FDIC") and the Departmental Offices of the Department of the Treasury (the "Treasury") (collectively, the "Agencies") and proposes rules to implement applicable provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act").\1\ In accordance with the requirements of the Dodd-Frank Act, the proposed rules govern the calculation of the maximum obligation limitation ("MOL"), as specified in section 210(n)(6) of the Dodd-Frank Act. The MOL limits the aggregate amount of outstanding obligations that the FDIC may issue or incur in connection with the orderly liquidation of a covered financial company. ---------------------------------------------------------------------------