USA - September 22 2011
On Sept. 19, 2011, the Securities and Exchange Commission (the “SEC”) issued, pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”), a notice of proposed rulemaking that addresses the prohibition of conflicts of interest in certain securitizations (the “Proposed Rule”).
Phillip J. Azzollini, Craig Stein, Joseph Suh, Paul N. Watterson