Monday, February 28, 2011
On January 20, 2011, pursuant to Section 945 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the U.S. Securities and Exchange Commission (the "SEC") released Rule 193 (the "Final Rule") that substantially revises the due diligence required by issuers of publicly registered asset-backed securities ("ABS"). The Final Rule overhauls the due...
