This resource summarizes the regulatory, legal and market developments in the area of securitization and ABS for 2011. The Note covers important securitization cases such as In re Zais, Innkeepers, General Growth Properties (GGP), First Millennium, Lehman v. BNY (Perpetual) and Ballyrock. The Note includes details of recent market activity in the CMBS and CLO markets, among others. The Note also examines proposed Dodd-Frank ABS risk retention (skin in the game), as well as relevant European ABS risk retention rules, the SEC's revised ABS shelf eligibility proposal (Reg AB II), the FDIC's bank securitization safe harbor rules and more. Note that as of November 30, 2011, this resource is no longer maintained. For more up-to-date information on many of the issues discussed in this Article, see Practice Note, Current Developments in Securitization: Overview.