Since its adoption in 2010, the Federal Deposit Insurance Corporation’s (the “FDIC”) securitization safe harbor rule, 12 C.F.R. § 360.6 (the “Rule”), which relates to the treatment of financial assets transferred in...more
2/3/2020
/ Consumer Financial Products ,
Disclosure Requirements ,
FDIC ,
Financial Regulatory Reform ,
Financial Transactions ,
Investment ,
Regulation AB ,
Regulatory Requirements ,
RMBS ,
Rule 144A ,
Rulemaking Process ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
Securitization ,
Securitization Standards ,
Transfer of Assets
A United States Magistrate Judge for the United States District Court, Western District of New York, yesterday issued his report and recommendation on the defendants’ motion to dismiss in Petersen et al. v. Chase Card...more
1/23/2020
/ Accounts Receivable ,
Chase Bank ,
Credit Cards ,
JPMorgan Chase ,
Madden v Midland Funding ,
Motion to Dismiss ,
Preemption ,
Putative Class Actions ,
Securitization ,
Special Purpose Entities ,
Unjust Enrichment ,
Usury