The Bond Market Association (TBMA)* provides additional comments to the Internal Revenue Service (IRS) on proposed Financial Asset Securitization Investment Trust (FASIT) regulations. TBMA’s initial comments we filed with the IRS on May 19, 2000. Since the last correspondence, TBMA has become aware of several additional issues that were likely to affect the use of FASITs to securitize commercial mortgage loans.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.
SIFMA, SIFMA AMG, American Bankers Association (ABA), Bank Policy Institute (BPI), Institute of International Bankers (IIB), Investment Company Institute (ICI),…
SIFMA President and CEO, Kenneth E. Bentsen Jr., delivered testimony at a hearing before the U.S. House of Representatives Committee…
SIFMA AMG and the undersigned associations provided comments to the Department of the Treasury (DOT) encouraging FSOC to restore the…