Securitization participant
Securitization participant means:
(i) An underwriter, placement agent, initial purchaser, or sponsor of an asset-backed security; or
(ii) Any affiliate (as defined in 17 CFR 230.405) or subsidiary (as defined in 17 CFR 230.405) of a person described in paragraph (i) of this definition if the affiliate or subsidiary:
(A) Acts in coordination with a person described in paragraph (i) of this definition; or
(B) Has access to or receives information about the relevant asset-backed security or the asset pool underlying or referenced by the relevant asset-backed security prior to the first closing of the sale of the relevant asset-backed security.