Ep 33 - New No Action Letter Regarding Rule 15c2-11 and its Impact on Securitizations
Dec 19, 2022 ·
7m 26s
https://structuredfinance.org/staff/kristi-leo/, president of the https://structuredfinance.org/, returns to speak with host https://www.nortonrosefulbright.com/en-us/people/1011359 about the new no-action letter regarding Rule 15c2-11, which extends the waiver-of-compliance period for 144A securitizations to two years....
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Kristi Leo, president of the Structured Finance Association, returns to speak with host Patrick Dolan about the new no-action letter regarding Rule 15c2-11, which extends the waiver-of-compliance period for 144A securitizations to two years. We discuss implications the no-action letter will have for securitizations and potential issues including the definition of “fixed income security”.
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