WLN Columns

Proposed new lease rules – where are we now?

As 2011 comes to a close with no final rules for lease accounting, nor a second exposure draft (“ED”) expected to be issued until perhaps the second quarter of 2012, many are wondering whether this project will ever be promulgated.   As a result of the extensive number of comment letters (approximately 800) on the first exposure draft and extended outreach by both the Financial Accounting Standards Board (“FASB”) and the International Accounting Standards Board (“IASB”) (“the Boards”), the re-deliberation process . . . read more

Dodd-Frank Continues to Roil Leasing ABS

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 became law little more than a year ago. Federal government agencies charged with issuing implementing regulations have labored since then to produce guidance on subjects such as risk retention by securitization sponsors and reporting of warranty repurchases. The latest topic to inspire controversy stems from section 942 of the Dodd-Frank Act, which requires the Securities and Exchange Commission to

“adopt regulations…requiring each issuer of an asset-backed security to disclose, for . . . read more

Point/CounterPoint: Is the Broker Model “Dead?”

Point/Counterpoint is a new feature sure to capture the adventurous spirit of the equipment finance industry. We’ll look at issues facing our industry in today’s uncertain and challenging business environment. And we’ll ask two industry experts to provide opposing, but equally valid views. Our first topic is near and dear to the hearts of many WLN readers–the future of the broker world in the high tech world! Take a look at what two industry experts have to say: Chris Enbom . . . read more