The document discusses the potential impact of new U.S. and European regulations on the financial services industry, particularly concerning asset-backed securities. It highlights the uncertainty and potential adverse effects on issuers and holders of securities due to changes in regulatory frameworks, accounting standards, and insolvency considerations under U.S. federal bankruptcy law.
doj/DataSet10/EFTA01376297.pdf
{"document_type":"legal","key_locations":["United States","European Union"],"document_subtype":"regulatory analysis","key_organizations":["U.S. Securities and Exchange Commission","Financial Accounting Standards Board","European Union"],"reference_numbers":["DB-SDNY-0072296","SDNY_GM_00218480","EFTA01376297"]}