Details

Service: Tax, U.S. Indirect Tax, Advisory, Risk Consulting, Financial Risk Management
Industry: Banking & Capital Markets
Type: Publication series
Date: 11/11/2010

Regulatory Practice Letter #10-22

Asset-Backed Securities Disclosures: Proposed Rules for Repurchase Requests and Asset Reviews Required by Dodd-Frank Act

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Pursuant to Section 943 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), on October 6, 2010 the Securities and Exchange Commission (“SEC”) issued a proposed rule to enhance disclosure to investors in the asset-backed securities (“ABS”) market (the “Section 943 Proposal”).

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