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Results: 1-10 of 30

The buzz on SEC release on securitization

  • Stikeman Elliott LLP
  • -
  • Canada
  • -
  • September 9 2010

Since the Securities and Exchange Commission issued a request for comments on its proposed rules on asset backed securities on April 7, market participants have weighed in with their comments

SEC proposals on ABS: review of assets

  • Stikeman Elliott LLP
  • -
  • Canada
  • -
  • November 4 2010

The second SEC release in response to the requirements of the Dodd Frank Act deals with the requirement of issuers to perform a review of the assets underlying an ABS and to disclose the nature of the review

SEC proposals on ABS: an overview

  • Stikeman Elliott LLP
  • -
  • Canada
  • -
  • December 9 2010

While we wait for the other shoe to drop, perhaps it would be worthwhile to review the general state of play and try to better understand what it may mean for the securitization industry

Dodd-Frank proposed risk retention rules and safe harbour for foreign transactions

  • Stikeman Elliott LLP
  • -
  • Canada, USA
  • -
  • May 9 2011

On March 29, 2011, the SEC together with a number of other federal regulators and agencies proposed rules relating to risk retention for securitizations which had been mandated by the Dodd-Frank Act in order to "provide a sponsor with an incentive to monitor and control the quality of the assets being securitized and help align the interests of the sponsor with those of investors in the ABS"

SEC proposals on ABS: risk retention Part II

  • Stikeman Elliott LLP
  • -
  • USA
  • -
  • November 11 2010

Finally some good news

Risk retention redux: the international context

  • Stikeman Elliott LLP
  • -
  • Canada
  • -
  • May 7 2012

In comparison to the ongoing regulatory onslaught in Europe and the United States, we in Canada appear to have gotten off pretty lightly and may even have felt that this was completely justifiable given our country’s performance and the high performance standards maintained by Canadian assets throughout the financial crisis

'We are all macro-prudentialists now': the brave new world of systemic risk

  • Stikeman Elliott LLP
  • -
  • Canada
  • -
  • June 25 2012

It wasn’t long after the immediate, frenzied response to the financial crisis that governments and regulators began to turn their minds to the fault lines that had been exposed in the financial system as a whole and to ways in which these could and should be addressed

SEC proposals on ABS: expansion of potential liability

  • Stikeman Elliott LLP
  • -
  • Canada, USA
  • -
  • October 7 2010

In our previous piece on the proposed Waterfall Computer Program requirement, we touched upon the unprecedented extension of securities law liability to the functionality of the computer program

CSA proposed securitized products rules - significant counterparties

  • Stikeman Elliott LLP
  • -
  • Canada
  • -
  • April 25 2011

Under the proposed securitized product rules disclosure is also required in respect of certain significant counterparties in a transaction

CSA proposed securitized products rules - contrast to U.S. approach

  • Stikeman Elliott LLP
  • -
  • Canada, USA
  • -
  • May 2 2011

Pursuant to Reg AB II, the Dodd-Frank Act and the rules implementing that Act (the “U.S. Proposals”), U.S. authorities have proposed the most far-reaching substantive and procedural regulations ever applied to the ABS market