Regulators Aim for ABS Reform, Again

O'Leary, Christopher; Gregory, Michael
March 2000
Private Placement Letter;03/06/2000, Vol. 18 Issue 10, p2
Discusses the proposed regulations of federal banking regulators on the banks' practice of buying and selling asset-backed securities in the United States. Opposition of the banking industry on the regulation proposal; Reason behind the financial reform proposal; Implication of the proposed regulation concerning the use of credit ratings in assigning risk-based charges to securitized transactions on banks.


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