Regulatory Alerts2014-02-28 | 2014-04433Added
Re-Opening of Comment Period for Asset-Backed Securities Release
The Securities and Exchange Commission is re-opening the comment period on its 2010 and 2011 proposed rules regarding asset-backed securities disclosure requirements. This action allows stakeholders to provide feedback on a staff memorandum proposing that issuers disseminate potentially sensitive asset-level data through restricted-access websites rather than public EDGAR filings. Comments must be submitted by March 28, 2014, to address privacy concerns and evaluate the benefits and costs of this alternative data distribution method.
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