- The TruPS CDO was established and the interest was issued before May 19, 2010.
- The banking entity reasonably believes that the offering proceeds received by the TruPS CDO were invested primarily in qualifying TruPS collateral.
- The banking entity’s interest in the TruPS CDO was acquired on or before December 10, 2013, the date when the agencies issued final rules implementing section 619 of Dodd-Frank.
In an effort to help community banks identify which CDOs remain permissible, agencies also have issued a nonexclusive list of TruPS CDOs that meet the requirements of the interim final rule.
Read the rule.
Non-exclusive list of qualified TruPS CDOs.