Disappointed With FDIC Rule, Market Hopes For Better Results From SEC, Joint Rulemaking
October 8, 2010
The new Federal Deposit Insurance Corp. safe harbor rule will be a challenge for many issuers and sets an ominous tone as the securitization industry waits to see how the Securities and Exchange Commission and other federal agencies complete a landmark overhaul of federal securities regulation. The upside of the rule adopted by the FDIC last week is...