In a Lex column entitled "regulatory insecurity: regulators can do more to fix the damage they caused this market", the Financial Times takes a look at the positive shift in the statements made by regulators about securitisation. Noting the growing understanding that not all securitisation is problematic and that good quality securitisation is a positive aspect of the financial system, it also notes though the very small amount of European issuance. Based on this analysis, it concludes with the words: "More rehabilitation please." As indicated by the title of the column, this exhortation is clearly addressed at the regulatory community. The column may be found here (although it is behind a pay-wall).
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