Weighing In On Dodd-Frank's Risk Retention Rules

Law360, New York (June 1, 2011, 5:14 PM EDT) -- Federal regulators have set the stage for a robust public debate and comment period on their proposed risk retention rules under Section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Many constituencies have recognized that the final form of these rules has the potential to have a significant impact on the cost and availability of a wide range of consumer and commercial credit, including residential mortgages.

On May 13, 15 groups representing both financial services industry participants and consumers requested that the comment...
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