News & Insights

Help
8 News Results

The SEC Division of Corporation Finance provided guidance to issuers of asset-backed securities concerning changes under the EDGAR system in response to adopted revisions to Regulation AB and Exchange Act Rule 15Ga-2.

The SEC set the compliance date for amendments to Regulation AB. Regulation AB consolidates and codifies existing interpretative positions that clarify Securities Act of 1933 registration requirements for asset backed securities offerings. The relevant amendments require asset-level disclosure for offerings of asset-backed securities backed by residential mortgages, commercial mortgages, auto loans, auto leases and debt securitizations (including resecuritizations). The asset-level data requirements are applicable only to securitizations in which the initial bona fide offer occurs on or after