A proposal from the Securities and Exchange Commission designed to increase transparency for ABS investors could require issuers to include static pool statistics in prospectuses, which had generally been deemed unnecessary.

The regulator hopes to issue a proposal sometime in June, which would then be subject to a 60-day comment period. The new rules will likely become effective sometime this year, said Stephen Kudenholdt, head of structured finance at Thacher Proffitt & Wood.

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