The Securities and Exchange Commission caught the ABS market off guard last week by announcing that it scheduled an open discussion on, among other things, the offering and reporting reform proposal currently being debated. While a proposal was expected sometime in the first half of the year, most thought June was a more accurate timeframe. The SEC typically formalizes proposals in the Federal Register, a publication for rules, proposed rules and notices of the Federal Government the week following

such discussions.

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.