Quarterly Survey of SEC Rulemaking (June 27, 2014-September 30, 2014)

摘要

On August 27, 2014, the SEC adopted final Rules intended to better protect investors in registered asset-backed securities ("ABS") transactions (See SEC Release No. 33-9638). Compliance with the final Rules is required for issuers to use a shelf-registration on Form S-3. The final Rules will not apply to unregistered ABS offerings executed pursuant to Rule 144A.