PT - JOURNAL ARTICLE AU - Frank J. Fabozzi AU - Joe McBride AU - Manus Clancy TI - The Post-Crisis CMBS Market: <em>Will Regulations Prevent Another Market Meltdown?</em> AID - 10.3905/jpm.2015.41.6.118 DP - 2015 Sep 30 TA - The Journal of Portfolio Management PG - 118--125 VI - 41 IP - 6 4099 - https://pm-research.com/content/41/6/118.short 4100 - https://pm-research.com/content/41/6/118.full AB - In this article, the authors discuss the importance and development of the commercial mortgage-backed securities (CMBS) market. They then review several issues that will play an important role in fostering recovery of the CMBS market or impeding the CMBS markets or particular segments within that market: (1) the risk-retention rule applicable to commercial real estate loans and CMBS under the Dodd–Frank Act, (2) the U.S. federal banking regulators’ adoption of the U.S. Basel III rule, and (3) federal government participation in the reinsurance market for terrorist insurance.TOPICS: Real estate, portfolio management/multi-asset allocation