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Significant Concerns about Credit Risk Transfers (CRTs) under SEC Proposed Rule 192

USA - February 27 2023 On January 25, 2023, the US Securities and Exchange Commission (“SEC”) proposed Rule 192, which prohibits securitization participants from engaging…

Christopher B. Horn, Julie A. Gillespie, Michelle M. Stasny

SEC Re-Proposes Conflict of Interest Rule for Asset-Backed Securities

USA - February 23 2023 Please join us as the authors of our recent Legal Update provide an overview of the SEC’s (Securities and Exchange Commission) recently proposed rule…

Leslie S. Cruz, Christopher B. Horn, J Paul Forrester, Michelle M. Stasny

TALF 2020 Update: MLSA, Revised FAQs and Related Program Materials

USA - May 28 2020 On May 20, 2020, the Federal Reserve Bank of New York (“FRBNY” or the “Fed”) announced the first subscription date, June 17, 2020, in connection with…

Angela M. Ulum, James J. Antonopoulos, Amanda L. Baker, Christy L. Freer, Julie A. Gillespie, Carol A. Hitselberger, Melissa L. Kilcoyne, Eric M. Reilly, Jan C. Stewart, Ryan Suda

TALF 2020 Update: Federal Reserve Bank of New York Releases FAQs and Revised Term Sheet

USA - May 15 2020 On May 12, 2020, the Federal Reserve Bank of New York (the “Fed”) issued new Frequently Asked Questions and a revised term sheet in connection with…

Angela M. Ulum, James J. Antonopoulos, Amanda L. Baker, Christy L. Freer, Julie A. Gillespie, Carol A. Hitselberger, Melissa L. Kilcoyne, Lindsay M. O'Neil, Eric M. Reilly, Jan C. Stewart, Ryan Suda

Federal Reserve Revises New TALF Program Term Sheet

USA - April 9 2020 The Federal Reserve issued a revised term sheet1 on April 9, 2020, for the Term AssetBacked Securities Loan Facility ("TALF 2020") that was initially…

Angela M. Ulum, James J. Antonopoulos, Julie A. Gillespie, Lindsay M. O'Neil, Jan C. Stewart