RECENT DEVELOPMENTS: UNITED STATES: IRS ISSUES PROPOSED FASIT REGULATIONS
Journal
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2000 (Volume 2), No. 3
On 4 February 2000, the Treasury Department released proposed regulations affecting Financial Asset Securitization Investment Trusts and a new rule affecting transfers of residual interests in Real Estate Mortgage Investment Conduits. This article discusses significant aspects of the regulations.