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SEC Adopts New Asset-Backed Securities Rules Requiring Review of Underlying Loans, More Disclosures

January 21, 2011 in Securities Regulation & Law Report · Leave a Comment 

In a move that it hopes will help revive the flagging securitization market, the Securities and Exchange Commission Jan. 20 adopted two sets of new rules requiring asset-backed securities issuers to review the assets underlying their securities and to provide disclosures related to…

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