CDOs/CLOs

Rule 122a stipulates the main investor requirements with which banks have to comply. The regulation calls for these financial institutions to have formal procedures and operations in place to monitor - on an ongoing basis and in a timely manner - performance information on the underlying exposures in structured finance assets.

As the Financial Stability Oversight Council prepared to hold its first meeting Friday, members of the panel faced open doubts from lawmakers and others about how fast it can move and what it can accomplish.

Fitch Ratings formally reviewed 99% of its U.S. structured finance ratings over the past 12 months as of August 2010, the rating agency said today.

The EU CRD changes to Rule 122a segregate financial institutions between those that comply and those that don't.

Last Monday, the Federal Deposit Insurance Corp.'s (FDIC) board of directors approved the final rule to replace its Safe Harbor transition rule on securitization. The finalized version extends until Dec 31 the transitional Safe Harbor - allowing the ABS market three months to adjust to the final rule's requirements.

Over the past year, there has been considerable discussion around the 'refinancing cliff' and the looming gap between the supply and demand for leveraged loans.

Will the Securities and Exchange Commission (SEC) ever bridge the Grand Canyon-sized gap between issuers of asset-backed securities and their investors when it comes to waterfalls and the Python language?

With the government nearly monopolizing mortgage origination, players are asking themselves: How do private companies create "affordability" products for non-prime borrowers and do so by funding themselves through a viable ABS market?

Elizabeth Warren, the top Obama administration official in charge of setting up the Consumer Financial Protection Bureau, made it clear late Wednesday that she intends to target financial disclosures as one of her top priorities.

Besides imposing a 5% risk retention requirement on securitizations by banks, the Federal Deposit Insurance Corp. (FDIC) also spelled out new standards that are particularly tough and aimed solely at issuers of RMBS.