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of <h1>Trustees of Securitized Debt Must Meet Strict Regulatory Standards for Registration, Qualifications, and Continued Compliance</h1> Statutory regulation establishes eligibility criteria for trustees of securitized debt instruments. Entities must be a special purpose distinct entity with trustees registered under specific securities regulations. All applicable provisions must be complied with. Existing registered trustees can continue acting in their current capacity. Registration requirements include minimum net worth, employment of experienced professionals with relevant qualifications, and submission of a formal application to the regulatory board.
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