Market regulation · 24/09/2014

SEC Adopts Revisions to Asset-Backed Securities Disclosure and Registration Rules

The Securities and Exchange Commission (SEC) has finalized rules requiring asset-backed securities issuers to disclose detailed information about the assets backing these securities, including real estate and auto assets, and debt securities, in prospectuses and ongoing reports. The new rules also extend filing deadlines and introduce new registration forms for ABS offerings.