Dodd-Frank Securitization Risk Retention Rules Proposed by Federal Regulators | Practical Law
An update on a joint proposal by the SEC, the FDIC, the Federal Reserve and other federal agencies detailing risk retention requirements, or so-called "skin in the game," for ABS issuances including RMBS, CMBS, CLOs and other securitizations. The proposal also details exemptions from the requirement for qualified residential mortgages (QRMs) and other high-quality assets.