Securitization, Structured Finance, and Corporate Funding (1990-2008)

1. SEC creates Rule 144A private resale market

   Apr 1, 1990Labels: SEC, Rule 144A, Qualified Institutional

   • SEC Release

2. ISDA publishes 1992 Master Agreement

   Jan 1, 1992Labels: ISDA, ISDA Master, OTC Derivatives

   • ISDA overview

3. Basel I deadline drives capital-efficient funding

   Dec 31, 1992Labels: Basel I, Bank Capital, Risk-weighted Assets

   • BIS Basel history

4. Basel market-risk amendment enables internal models

   Jan 1, 1996Labels: Basel Market-Risk, Value-at-Risk, Trading Book

   • BIS Basel history

5. FASB issues SFAS 125 for asset transfers

   Jan 1, 1997Labels: FASB, SFAS 125, Asset Transfers

   • SFAS 140 text

6. J.P. Morgan launches BISTRO synthetic securitization

   Jan 1, 1997Labels: J P, BISTRO, Synthetic Securitization

   • Inst Investor
   • Euromoney

7. Gramm–Leach–Bliley expands financial conglomerates

   Nov 12, 1999Labels: Gramm Leach, Financial Conglomerates, Financial Services

   • Fed History

8. FASB replaces SFAS 125 with SFAS 140

   Sep 1, 2000Labels: FASB, SFAS 140, Sale Accounting

   • SEC filing ex
   • SFAS 140 text

9. Commodity Futures Modernization Act limits OTC oversight

   Dec 21, 2000Labels: CFMA, Derivatives Law, OTC Derivatives

   • CFTC History

10. FASB issues FIN 46 for variable interest entities

    Jan 17, 2003Labels: FASB, FIN 46, Variable Interest

    • FDIC FIL
    • FIN 46

11. SEC adopts alternatives for net capital computation

    Apr 28, 2004Labels: SEC, Consolidated Supervised, Net Capital

    • SEC Rule page

12. Basel II framework published for risk-sensitive capital

    Jun 26, 2004Labels: Basel II, Basel Committee, Risk-sensitive Capital

    • Fed Release

13. Joint Forum warns on credit risk transfer complexity

    Oct 21, 2004Labels: Joint Forum, Credit Risk, Regulators

    • BIS JointForum

14. ABCP market panic begins amid subprime turmoil

    Aug 1, 2007Labels: ABCP, Asset-backed Commercial, Short-term Funding

    • Fed FEDS paper

15. Lehman bankruptcy marks structured-finance crisis peak

    Sep 15, 2008Labels: Lehman Brothers, Bankruptcy, Financial Crisis

    • HISTORY com
    • Lehman case

16. U.S. enacts TARP to stabilize capital markets

    Oct 3, 2008Labels: TARP, U S, Emergency Stabilization

    • Fed Annual 2008
    • Treasury TARP