Finance & markets · 08/10/2009Updated: 10/17/2026 · 1 min read
Federal Reserve Proposes Rule to Regulate Credit Rating Agencies for Term Asset-Backed Securities Loan Facility
Summary
The Federal Reserve Board is seeking public comment on a proposed amendment to Regulation A that would allow the Federal Reserve Bank of New York to evaluate the eligibility of credit rating agencies and their ratings for use in the Term Asset-Backed Securities Loan Facility, a program maintained by the Federal Reserve Bank of New York.