2011 - David C. Allan and Philippe Bergevin
Regulators considering reforms to the asset-backed securities (ABS) market should look beyond transparency requirements in their efforts to improve investor comfort in the ABS market, says a report from the C.D. Howe Institute. In “ Better Braking for ABS,” authors David C. Allan and Philippe Bergevin say reforms should require, as a condition for allowing a potential ABS issue to be sold on the public market, participation by third-party investors who have the expertise and incentive to assess the ABS’ viability.
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