This content is from: Innovation

SEC Issues ABS Reporting Proposals

The U.S. Securities and Exchange Commission has released a proposal that would require issuers of asset-backed securities to file reports with the SEC for the life of the security, reports Dow Jones Newswires.

The U.S. Securities and Exchange Commission has released a proposal that would require issuers of asset-backed securities to file reports with the SEC for the life of the security. Currently, issuers of securities held by fewer than 300 people need to report to the agency only in the first year after registration, which the Dodd-Frank Act has eliminated.

Click here to read the story from Dow Jones Newswires.

Related Content