Consumer ABS

The Securities and Exchange Commission (SEC) has agreed to a six-month delay for European ABS in the implementation of rating agency requirements under Rule 17g-5 (a)(3).

Sidley Austin has added three partners to its executive committee, the committee that exercises general authority over the affairs of the firm.

Though House and Senate lawmakers still have plenty of issues to work out in the final regulatory reform bill, one thing is already clear: The legislation will do little to streamline the fractured financial regulatory framework.

Amherst Securities Group hired Dan Hoffman as head of sales. In this position, Hoffman will be responsible for managing Amherst's fixed-income sales group.

Former head of U.S. asset securitization at Barclays Capital Michael Wade will join Credit Suisse this summer as a managing director and co-head of asset finance in the global markets solutions group, according to an internal memo.

Dan Castro has joined institutional broker dealer BTIG. Further boosting the company’s fixed-income competencies, Castro will be creating a structured finance analytics and strategy group at the firm.

After three weeks of contentious debate, the Senate approved landmark financial reform legislation 59 to 39 late Thursday.

Capital One has filed an S-3 with the Securities and Exchange Commission (SEC) to possibly issue an ABS under its Capital One Auto Receivables trust.

April was not our market's finest moment. It may have been Goldman executives who were in the hot seat, but at times it was as if, yet again, securitization were on trial.

Founded in 1966, the Asian Development Bank has a mandate to reduce the poverty of its developing member countries (DMCs) and improve the quality of life of their people. It currently has 67 members. Those eligible for assistance must be DMCs and be located in the region under ADB's purview, which includes areas of the Pacific as well as Asia. In 2009, the bank disbursed $13.2 billion in loans, $1.1 billion in grants and $267.2 million in technical assistance.