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Structured Finance | |
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ALERT |
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| SEC Seeks Comment on Proposed Approach Under Regulation AB
II for the Dissemination of Potentially Sensitive Asset-Level
Data |
On February 25, 2014, the
Securities and Exchange Commission (the "SEC") re-opened the comment
period on the series of proposed rules commonly referred to as
"Regulation AB II." Specifically, the SEC is seeking comment
on a proposed approach for the dissemination of potentially
sensitive asset-level data to investors whereby an issuer would post
such information on an issuer-sponsored website, which could be
access-restricted, rather than file such information publicly with
the SEC. This proposed approach is outlined in an SEC staff
memorandum included in the public comment file for Regulation AB II.
The deadline for comments on the proposed approach is March 28,
2014.
Please click
here for our summary.
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