The SEC adopted a final rule to prohibit an asset-backed "securitization participant" from engaging in any transaction that could involve or result in a material conflict of interest.
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Comments on an SEC proposal prohibiting an asset-backed security "securitization participant" from engaging in any transaction that would involve or result in material conflicts of interest are due by March 27, 2023.
The SEC revised and re-proposed a rulemaking to prohibit an asset-backed "securitization participant" from engaging in any transaction that would involve or result in material conflicts of interest.
The SEC Division of Corporation Finance updated its Compliance and Disclosure Interpretations relating to the filing of asset-level disclosures.
The SEC, the Federal Reserve Board, the OCC, the Department of Housing and Urban Development, the FDIC and the Federal Housing Finance Agency reassessed several provisions of the Credit Risk Retention Regulation and decided not to propose any changes at this time.