Asset-backed security: Difference between revisions
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:(v) a [[CDO squared|collateralized debt obligation of collateralized debt obligations]]; and | :(v) a [[CDO squared|collateralized debt obligation of collateralized debt obligations]]; and | ||
:(vi) a security that the Commission, by rule, determines to be an asset-backed security for purposes of this section; and <br> | :(vi) a security that the Commission, by rule, determines to be an asset-backed security for purposes of this section; and <br> | ||
(B) does not include a security issued by a finance subsidiary held by the parent company or a company controlled by the parent company, if none of the securities issued by the finance subsidiary are held by an entity that is not controlled by the parent company. <ref>15 USC § 78c(a)(79) Source: https://www.law.cornell.edu/definitions/uscode.php?def_id=15-USC-1398525309-2067023687</ref>}}{{us disclaimer small}}}}{{dpn|/ˈæsɛt-bækt sɪˈkjʊərɪti/|n}} | (B) does not include a security issued by a finance subsidiary held by the parent company or a company controlled by the parent company, if none of the securities issued by the finance subsidiary are held by an entity that is not controlled by the parent company. <ref>15 USC § 78c(a)(79) Source: [https://www.law.cornell.edu/definitions/uscode.php?def_id=15-USC-1398525309-2067023687 Cornell University US Code resource]</ref>}}{{us disclaimer small}}}}{{dpn|/ˈæsɛt-bækt sɪˈkjʊərɪti/|n}} | ||
Different things to different people. In the Eastern wilds on the old side of the Atlantic, bascially any repack, securitisation, or monetisation that winds up in negotiable debt securities format will count. | Different things to different people. In the Eastern wilds on the old side of the Atlantic, bascially any repack, securitisation, or monetisation that winds up in negotiable debt securities format will count. | ||
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We have a basic [[ABS - overview|botanist’s guide to ABS]] here | We have a basic [[ABS - overview|botanist’s guide to ABS]] here | ||
{{sa}} | {{sa}} | ||
*[[Asset-backed securities field guide]] | |||
*[[Risk retention rule]] | *[[Risk retention rule]] | ||
*[[US private placement]] | *[[US private placement]] | ||