SEC Wants Industry to Get Up to Speed on Reg AB Compliance Issues, Officials Tell Mortgage Bankers
A massive new disclosure regime for issuers of non-agency MBS and other asset-backed securities is on the books, and firms are supposed to be well on their way to complying. But a number of unresolved issues continue to plague the so-called Reg. AB – and the Securities and Exchange Commission doesn’t seem to be in much of a mood to cut anyone slack. …