Federal Reserve Proposes Rule Requiring Sponsors of Asset-Backed Securities to Retain at Least 5 Percent of the Credit Risk of the Assets Underlying the Securities

March 29, 2011

The Federal Reserve Board on March 29, 2011 proposed a rule that would require sponsors of asset-backed securities (ABS) to retain at least 5 percent of the credit risk of the assets underlying the securities.

Download PDF (pdf, 39.61 kb)