Dodd-Frank Act Related Rulemakings

摘要

The Dodd-Frank Act required, among other things, the U.S. Securities and Exchange Commission ("SEC" or "the Commission") to adopt a number of rules regarding securitizations. Securitization is a financing technique used by issuers to obtain funding for certain assets, such as mortgages, auto loans, auto leases, equipment loans, equipment leases, credit card receivables, and similar debt and debt-like assets, by issuing securities (referred to as "asset-backed securities" or "ABS") that make periodic payments to their holders from payments received on the related assets/