(Credit: Adobe Stock) November 27, 2023/IMFBlog By Simon Black, Florence Jaumotte, and Prasad Ananthakrishnan With each passing year, the stark reality of a hotter planet becomes clearer and the ensuing risks to the global economy intensify. But as the world is waking up to the scale of the climate crisis, geopolitical tensions […]
OPINION/EDITORIAL
Statement on the Final Rule: Prohibition Against Conflicts of Interest in Certain Securitizations
November 27, 2023/US SEC By Commissioner Mark T. Uyeda Today, the Commission adopted Rule 192 under the Securities Act of 1933 to implement Section 621 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.[1] Section 621 is intended to prohibit those involved in the securitization process from […]
Statement on Final Rule Prohibiting Conflicts of Interest in Securitizations
November 27, 2023/US SEC By Chair Gary Gensler Today, the Commission adopted a rule to prohibit certain market participants in the asset-backed securities (ABS) market from taking positions against the products they help bring to market. I am pleased to support this rule as it fulfills Congress’s mandate to address […]
