SEC: Rulemaking

Comments will be accepted through March 31, 2023

It’s been 13 years in the making but the SEC has taken a step toward promulgating a Dodd-Frank era rule that would seek to prevent ...

"I have concerns whether today’s rule proposal correctly strikes this balance. Thus, comments from market participants will be especially important in consideration of any final rule"

"As we were all witness to in 2008, these intermediaries might be incentivized to, essentially, bet against the performance of an asset backed security that ...

"I apologize for the proposal’s unnecessarily short comment period, which continues a troubling pattern in the face of public and Congressional concern"

This is an SEC proposed rule that seeks to bar conflicts of interest in the sale of asset-backed securities

"As directed by Congress, today’s re-proposed rule would prohibit so-called securitization participants—those who sell or facilitate the sale of an asset-backed security—from engaging in a ...

"Investors that participated in the securitization bubble had been misled to believe that their assets were being selected by an independent third-party. But in reality, ...

A securitization participant shall not, for a period commencing on the date on which a person has reached, or has taken substantial steps to reach, ...

The SEC proposes to update the disclosure required for order executions in national market system stocks