Comments on: Commercial Real Estate And Dodd-Frank Risk Retention Rules https://alexsonlaw.com/dodd-frank-statute/ Thu, 12 Jan 2017 18:27:47 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Dodd-Frank Statute Led To Regulation 15G Of Sec... https://alexsonlaw.com/dodd-frank-statute/#comment-10 Fri, 23 Dec 2016 20:06:07 +0000 https://alexsonlaw.com/?p=599#comment-10 […] The Dodd-Frank statute also led to the adoption of Regulation 15G of the Securities and Exchange Act of 1934 (15 U.S.C.A. § 78o-11), which requires the sponsor in a CMBS securitization to retain a 5% stake in the credit risk of the underlying commercial real estate asset. The purported purpose of the regulations is to require CMBS lenders to stay involved in the process and the transaction. The rules were finalized on October 22, 2014, but become effective for CMBS transactions on December 24, 2016.  […]

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