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Home » Store » News » FDIC’s Title II Letter Allays Concerns About Securitizations by Non-Bank Financial Firms

FDIC’s Title II Letter Allays Concerns About Securitizations by Non-Bank Financial Firms

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Securitization transactions by nonbank financial companies in receivership will be subject to sale principles under bankruptcy law rather than to repudiation authority until at least June 30, 2011, when regulations implementing systemic risk provisions of the Dodd-Frank finance reform law are finalized...
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