Find the final version of the joint trades letter regarding the SEC’s Conflicts of Interest in Securitizations Rule (Rule 192) that went to the SEC on Monday, March 17, 2025....
Today, the LSTA, in conjunction with SIFMA, SFA, the Bank Policy Institute, and CREFC (the “Associations”), filed a Letter (the “Letter”) with the Securities and Exchange Commission (the “SEC” or the “Commission”) requesting that it reconsider and delay indefinitely the implementation of Rule 192.
The SEC’s Prohibition on Conflicts of Interest in Securitizations (Rule 192) (“Final Rule”) which went effective on February 5th is less onerous than the proposed rulemaking but will still require affected market participants to augment and modify compliance programs, particularly where an entity does not already have a Volcker compliance regime. The Final Rule prohibits...
