Feb 23, 2023
Please join us as the authors of
our recent Legal Update provide an
overview of the SEC’s (Securities and Exchange Commission) recently
proposed rule to prohibit conflicts of interest in certain
securitizations as required under the Dodd-Frank Act. A re-proposal
of a 2011 proposed rule, the re-proposal shares some of the same
issues and concerns and may be even worse in some respects. If
adopted as re-proposed, the rule’s prohibition would have profound
consequences for securitization markets.