The Securities and Exchange Commission (SEC) published a fact sheet this morning on a rule requiring ABS issuers to disclose the history of both the requests they received and repurchases they made related to their ABS outstanding.

The final rules approved today were proposed in October 2010. They implement Section 943 of the Dodd Frank Act, which requires the SEC to prescribe regulations on the use of representations and warranties in ABS.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.