Volume 2014 - Number 8
February 28, 2014
SEC Considering Scaling Back Disclosure Requirements Under Reg AB2, Wall Street Seeks Other Changes
The Securities and Exchange Commission was set to vote on a final rule earlier this month that would set new disclosure requirements for non-agency MBS, but the agency is still considering how the final rule should be applied as industry participants clamor for further changes. The SEC this week re-opened the comment period regarding the pending requirements for disclosures on MBS and ABS, the so-called Reg. AB2 rule. The rule was first proposed in 2010 and re-proposed in 2011. The comment period on the second proposal closed...
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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