Securitization Safe Harbor Rule

Securitization Safe Harbor Rule
Subject: Securitizations, participations
Agency: FDIC
Status: Proposed rule
The FDIC is proposing a rule (the proposed rule) that would revise certain provisions of its securitization safe harbor rule, which relates to the treatment of financial assets transferred in connection with a securitization or participation transaction, in order to eliminate a requirement that the securitization documents require compliance with Regulation AB of the Securities and Exchange Commission in circumstances where Regulation AB by its terms would not apply to the issuance of obligations backed by such financial assets.
FR Doc: 2019-15536
Date proposed: July 16, 2019
Comments due date:

Oct. 21, 2019

Final rule effective date:
Rule compliance date:
Agency release:

Related Reg Report item(s): FDIC leaders split on final rule for insurance determination, proposed rule on securitization safe harbor

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