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Regulation

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  • UCITS exchange traded funds should use identifiers in their name, fund rules, prospectus and key investor information document when being marketed to investors, according to the latest consultation document from the European Securities and Markets Authority.
  • This could be the year regulation in the securitization sector makes the leap from being all talk to finally taking action, John Walsh, acting Comptroller of the Currency, said in the featured address at the ASF2012 conference in Las Vegas Tuesday.
  • Arming investors with information on the securitized products they buy is viewed as a key to maintaining market discipline, but that alone might not be enough, Adam Ashcraft, senior v.p. & head of structured product, Federal Reserve Bank of New York, said during Monday Global Securitization Policy Reforms panel.
  • The appointment of a leader for the Consumer Financial Protection Bureau marks a new and important step in the long, drawn-out process of Dodd-Frank reforms, according to Stephen Ornstein, partner at SNR Denton.
  • The qualified residential mortgage rules currently being hammered out by regulators should ease up from initial proposals, unless the government wants to see the mortgage market shrink even further, said speakers at the “Mortgage Underwriting and the Impact of QM” panel.
  • Regulatory and macro issues continue to hinder a comprehensive recovery for both the wider economic landscape and the securitization sector, and they’re not going away anytime soon, according to speakers at the 2012 Securitization Market Outlook panel at ASF2012 conference in Las Vegas Monday morning.