Regulators Offer Variety of Options in Risk-Retention Proposal, Outline New ‘Premium Capture’ Fund
March 31, 2011
Federal regulators offered asset securitizers a wide array of potential structures for meeting new risk-retention standards in a long-awaited proposed rule issued this week. As expected, the proposed rule would exempt ABS backed by assets guaranteed by the federal government or state and local entities from a new requirement that issuers retain a 5 percent interest in the transaction that was mandated by...