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Risk retention question transferred to D.C. district court
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Risk Retention
Tuesday, March 22, 2016
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The U.S. Court of Appeals for the District of Columbia Circuit has decided to transfer the Loan Syndications and Trading Association’s challenge to the Credit Risk Retention Rule in December 2014. The association had argued that certain regulations implemented by the Securities and Exchange Commission and Federal Reserve Board were contrary to law or arbitrary and capricious. Read on for more details.
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