Butting In Is Encouraged Under ABS Ratings Rule

Lepro, Sara
June 2010
American Banker;6/1/2010, Vol. 175 Issue 83, p1
Trade Publication
The article discusses the asset-backed securities (ABS) ratings rule that was issued by the U.S. Securities and Exchange Commission and its effect on loan securitizers and rating agencies. The rule is expected to produce more unsolicited opinions on ABS and reduce conflicts of interest. The views of financial analysts such as Michael Buttner of Wells Fargo & Co., Sylvia Alayon of Capital Markets Assessment Corp., and Dan Castro of BTIG LLC are mentioned.


Related Articles

  • SEC Passes Tougher Rules for Asset-Backed Securities. Reeve, Nick // AiCIO News;2014, p1 

    The article reports on the tougher rules for asset-backed securities approved by the U.S. Securities and Exchange Commission on August 17, 2014 aimed to enhance transparency, better investor protection and facilitate capital formation in market securitization.

  • SEC report details credit-rater faults, conflicts of interest.  // Hill;10/3/2011, Vol. 18 Issue 133, p24 

    The article reports that the U.S. Securities Exchange Commission has found that the 10 credit rating agencies have their own conflicts of interest in their rating reports.

  • Regulation AB II: Back from Limbo? Hintze, John // Asset Securitization Report;Mar2014, Vol. 14 Issue 3, p26 

    The article focuses on the proposed revisions to the Regulation AB of the U.S. Securities and Exchange Commission (SEC) which governs asset-backed securities. Topics include the adoption of some Regulation AB II at the SEC board meeting agenda on February 5, 2014 which was then removed on...

  • SEC Pondering Changes For Credit-Rating Firms.  // American Banker;6/9/2003, Vol. 168 Issue 109, p20 

    Focuses on the United States Securities and Exchange Commission (SEC) as of June 9, 2003. Indication that the SEC is considering new rules for credit-rating agencies in response to pressure from lawmakers about corporate scandals; Outlook for the elimination of the SEC designation of nationally...

  • One ABS Requlatory Concern Assuaqed, Umpteen More To Go. Hintze, John // Asset Securitization Report;Dec2010, Vol. 10 Issue 12, p20 

    The article reports that the Securities and Exchange Commission (SEC) has delayed one change that could have shuttered asset-backed securities (ABS) market starting in January 2011. It predicts that a long line of proposals marching into 211 will change the market. It discusses the impact of the...

  • SEC Unanimously Approves Reg AB II Amendments.  // Venulex Legal Summaries;2014 Q3, following p2 

    The article reports the move by the U.S. Securities and Exchange Commission (SEC) on August 27, 2014 to approve the final amendments to Regulation AB II. The revisions amend the process and disclosure, as well as periodic reporting requirements for asset-backed securities. Among the changes are...

  • GETTING READY FOR REGULATION AB II'S ASSET REPRESENTATIONS REVIEW REQUIREMENTS. Berg, Jeffrey // Asset Securitization Report;Sep2015, Vol. 15 Issue 7, p14 

    The article reports on the implementation of a U.S. Securities and Exchange Commission (SEC) rule that would require publicly traded asset-backed securities (ABS) to include Asset Representation Review (ARR) provisions in their shelf offering documents. Topics discussed include the need for...

  • SEC Releases Final NRSRO Rules, Seeks New Reporting Requirements. Ackerman, Andrew // Bond Buyer;12/1/2009, Vol. 370 Issue 33225, p5 

    The article reports on the release of the final rule changes on the reporting requirements on the Nationally Recognized Statistical Rating Organization (NRSRO) by the Securities and Exchange Commission (SEC) in the U.S. The changes imposed by the agency is aimed at furnishing additional...

  • ON REGULATING CONFLICTS OF INTEREST IN THE CREDIT RATING INDUSTRY. Bai, Lynn // New York University Journal of Legislation & Public Policy;2010, Vol. 13 Issue 2, p253 

    The article discusses proposed steps in regulating conflicts of interest in the U.S. credit ratings industry which play a crucial role in the health and stability of the financial system. It explores how each type of conflict of interest is regulated in the statutes, U.S. Securities Exchange...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics