FDIC Meeting to Vote on Revisions to Securitization Safe Harbor Rule
The Federal Deposit Insurance Corporation (“FDIC”) has announced an open session meeting of its Board of Directors to take place at 10:00 AM on Thursday, October 22, 2015. Included among the agenda items subject to vote at the meeting is a memorandum and resolution re: Final Rule to Revise 12 C.F.R. Section 360.6 regarding the treatment of financial assets transferred in connection with a securitization or participation- commonly referred to as the “Securitization Safe Harbor Rule.”
The meeting will be Webcast live. Interested parties can register to participate via Webcast on the FDIC’s website.
To view the full agenda for this meeting, please click here.