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The Securities and Exchange Commission (SEC) published a fact sheet this morning on a rule requiring ABS issuers to disclose the history of both the requests they received and repurchases they made related to their ABS outstanding.
January 20 -
Standard & Poor's put 1,981 structured finance tranches in Europe, Middle East and Africa (EMEA) on creditwatch negative yesterday as a result of the revision of its counterparty criteria.
January 19 -
The Federal Deposit Insurance Corp. (FDIC) will not exercise its authority under the Dodd-Frank Act to reclaim or recover assets transferred by a financial company into a securitization, said FDIC acting FDIC General Counsel, Michael Krimminger in a letter to the industry.
January 18 -
Prudential Financial, PIMCO and Nuveen Investments are launching new dual purpose funds that will focus mostly on leveraged loans but could also invest in high-yield bonds, according to Securities and Exchange Commission (SEC) filings.
January 14 -
This week the Securities and Exchange Commission (SEC) proposed rules that would require most ABS issuers to still file periodic reports for the life of the publicly registered ABS.
January 13 -
Markit has acquired QuIC Financial Technologies,a risk analytics solutions provider.
January 12 -
Bingham McCutchen has elected 13 lawyers to its partnership. The promotions follow a year when the law firm expanded its key practices in the global markets, including launching its Frankfurt-based financial restructuring practice. It also grew its Hong Kong office.
January 11 -
In the Chinese Zodiac, 2011 is the year of the rabbit. But in leveraged finance, 2011 may be the year of the CLO, with this investment vehicle bringing more deals to the leveraged loan market.
January 7 -
Shares of MBIA jumped by nearly one-third in the last week as traders bet that the bond insurance holding company will win or settle a series of lawsuits.
January 5 -
U.S. Bank National Association, which is U.S. Bancorp's lead bank, has completed the purchase of the domestic and European-based securitization trust administration businesses of Bank of America. The deal closed on Dec. 30.
January 5
