Category: Federal Regulatory Issues

  By Richard J. Fidei, Esq., Partner and Susan W. Verini, Esq., AssociateColodny Fass   The New York State Insurance Department (the “Department”) recently published proposed Regulation 189 (11 NYCRR 111) (the “Regulation”). The Regulation, if adopted, would require every …

UPDTAED MAY 22, 2009 About TALF The Federal Reserve Board on November 25, 2008 announced the creation of the Term Asset-Backed Securities Loan Facility (TALF), a facility that will help market participants meet the credit needs of households and small …