Volume 2014 - Number 40
October 24, 2014
SEC Provides Some Details on Its Reg AB II Pilot Project, But Do You Really Want to Participate?
The Securities and Exchange Commission has provided more details about a pilot project to test the revised requirements for shelf registrations that are part of Regulation AB II. ABS issuers must comply with the new rules and forms, other than asset-level disclosures, no later than Nov. 23, 2015. The SEC’s Division of Corporation Finance recently invited ABS issuers to request staff review of their registration statements in draft form, prior to filing. “We will select...
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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