Fed Advises Tailoring Risk-Retention Rules to Major Asset Classes, Interaction With Other Considerations
October 22, 2010
The Federal Reserve this week laid out a blueprint for government rule-makers charged with implementing new risk-retention requirements for MBS, ABS and commercial MBS, including taking into account major asset types and a range of other considerations. In a report mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Fed noted...