TITLE

Risk-Retention Rule Not So Flexible

AUTHOR(S)
Meade, Daniel S.
PUB. DATE
May 2011
SOURCE
Investment Dealers' Digest;5/13/2011, Vol. 77 Issue 18, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article the author discusses issues concerning the adoption of risk-retention rule in the securities market in the U.S. He mentions the move of the Federal Reserve, the Federal Deposit Insurance Corp., and the Office of the Comptroller of the Currency as well as the Securities Exchange Commission to issue proposed rule which requires securitization sponsors to retain part of the risk in the underlying assets in asset-backed securities. The Dodd-Frank Act is discussed.
ACCESSION #
60839380

 

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