Activity levels for European commercial mortgage-backed securities, U.S. commercial mortgage-backed securities and commercial real estate collateralized loan obligations reflect strong global demand. Cadwalader attorneys analyze recent trends.
Cadwalader attorneys describe the implications to the structured finance industry of an enforcement action brought by the Consumer Financial Protection Bureau against the National Collegiate Student Loan Trusts.
Cadwalader attorneys reviewed new BCBS-IOSCO criteria for identifying "simple, transparent and comparable" short-term securitizations. The memorandum also covers a standard on the capital treatment of STC short-term securitizations issued by the BCBS.
The D.C. Court of Appeals ruled in favor of the Loan Syndications and Trading Association in its litigation against the SEC and the Federal Reserve Board over the application of risk retention rules to managers of collateralized loan obligations.
"Desk-specific" portals are highly curated pages devoted to specific regulatory topics. The first five portals to go live cover Broker-Dealers and Markets, Asset-Backed Securities, SEC and FINRA Enforcement, Securities Offerings, and Issuers.
On November 8, 2017, Cadwalader will host its second annual Finance Forum. The conference will examine emerging trends and issues in financial services and investment management. Registration is complimentary and CLE credit will be available.
The Structured Finance Industry Group submitted a proposed amicus brief to the SDNY Bankruptcy Court in which it asserted that the alleged debtor is not a typical chapter 11 debtor, but rather a non-recourse securitization vehicle that should be liquidated by its terms.
Cadwalader will host a conference on emerging trends, market developments and hot topics in the financial services and investment management communities. The event will take place at the Charlotte Ritz Carlton, 201 East Trade Street in Charlotte, North Carolina.
Attorneys from Cadwalader, Dechert, Orrick and Sidley prepared a Q&A on risk retention for commercial mortgage-backed securities. The Q&A is intended to facilitate the implementation of a joint final rule on credit risk retention requirements.
Cadwalader attorneys examined the July 11, 2016 updated version of the Basel Committee on Banking Supervision's "Basel III Document – Revisions to the Securitisation Framework." The update includes alternative regulatory capital treatment for securitization transactions that meet the criteria for identifying simple, transparent and comparable securitizations.
On July 26, 2016, SIFMA will host a Securitization Spotlight Session on FINRA Rule 4210 at its New York City Conference Center. Rule 4210 is designed to establish margin requirements for transactions in the to-be-announced market and other agency mortgage-backed securities markets.