On September 24, the House Financial Services Committee’s Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises held a hearing entitled, “Recent Innovations in Securitization,” which explored issues relating to securitization generally, and specifically the securitization of life insurance settlements. The hearing included testimony from Paula Dubberly, associate director of the Division of Corporation Finance of the Securities and Exchange Commission, and representatives of insurance regulators, life insurers, life settlement companies, investors and rating agencies.

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