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Sample Risk Retention Majority Owned Affiliate Due Diligence Discussion Topics

Summary

The sample discussion topics contained herein, which were developed by a SIFMA dealer working group on the risk retention rules, are intended to help guide dealers acting as underwriters, initial purchasers and placement agents in their efforts to undertake a reasonable investigation to determine if there are any material misrepresentations or omissions contained in a registration statement, prospectus or offering memorandum regarding whether a “majority-owned affiliate” meets the requirements imposed by the credit risk retention rules.

PDF

Committee

SIFMA Securitization Group (SSG)

Date

16

August

2017

Excerpt

Sample Risk Retention Majority Owned Affiliate Due Diligence Discussion Topics