The federal bank regulatory agencies issued a final rule requiring that certain municipal obligations be treated as high-quality liquid assets if the municipal obligation is “liquid and readily marketable” and “investment...more
The U.S. Securities and Exchange Commission (SEC) adopted and clarified a number of rules intended to improve the relationships between retail investors, investor advisers and broker-investors, while also maintaining retail...more
On June 5, Fitch published a methodology for U.S. RMBS Seasoned and Reperforming Loans. Methodology....more
On March 28, 2019, the CTFC approved final rule amendments that simplify registrants’ obligations in regulations governing the segregation of assets held as collateral in uncleared swap transactions and in a self-regulatory...more
On March 29, 2019, the CTFC provided relief intended to encourage prime brokers to trade swaps on swap execution facilities by excusing certain pre-trade disclosures. ...more
On January 25, the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency released a report reviewing Shared National Credit Loans, which found that risk associated...more
On January 30, DBRS published a report entitled: Master European Structured Finance Surveillance Methodology.
On January 30, S&P published a report entitled: Incorporating Sovereign Risk in Rating Structured Finance...more