Details

  • Service: Advisory, Risk Consulting
  • Industry: Banking & Capital Markets
  • Type: Publication series
  • Date: 4/27/2011

Regulatory Practice Letter #11-06 

Agencies Propose Rule for Credit Risk-Retention Requirements of Asset-Backed Securities
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Six Federal agencies recently released a joint proposed rule to implement credit riskretention requirements for securitizers of asset-backed securities (“ABS”) (“Proposed Rule”).