Issuers Urge SEC to Coordinate Risk-Retention Rulemaking with Dodd-Frank Act Provisions
August 6, 2010
Market participants expressed deep concerns about risk-retention requirements in the Securities and Exchange Commission’s proposed revisions of Regulation AB and other rules regarding the offering, disclosure and reporting for asset-backed securities. Major trade associations engaged in the MBS and ABS markets urged the SEC to either withdraw or re-issue the proposed risk-retention...