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POWERS OF THE TRUSTEE      (Page 188)

The powers of the trustee in a SIPC case are essentially the same as those vested in a chapter 7 trustee appointed under Title 11. “In addition, a trustee may, with the approval of SIPC but without any need for court approval:

(1) hire and fix the compensation of all personnel (including officers and employees of the debtor and of its examining authority) and other persons (including accountants) that are deemed by the trustee necessary for all or any purposes of the liquidation proceeding;

(2) utilize SIPC employees for all or any purposes of a liquidation proceeding; and

(3) margin and maintain customer accounts of the debtor . . .”

15 U.S.C. § 78fff-1(a). 

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