Six federal agencies approved a 4-week extension of the comment period for the proposed rule under the Dodd-Frank Act that requires asset-backed securities issuers to maintain at least 5 percent of the credit risk of the underlying assets.

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Six federal agencies approved a 4-week extension of the comment period for the proposed rule under the Dodd-Frank Act that requires asset-backed securities issuers to maintain at least 5 percent of the credit risk of the underlying assets.
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