On October 4th, the SEC published for comment proposed rules related to representations and warranties in asset-backed securities offerings. The proposals would require securitizers of asset-backed securities to disclose fulfilled and unfulfilled repurchase requests across all transactions. The proposed rules also would require nationally recognized statistical rating organizations to include information regarding the representations, warranties and enforcement mechanisms available to investors in an asset-backed securities offering in any report accompanying a credit rating issued in connection with such offerings, including a preliminary credit rating. Comments should be submitted on or before November 15, 2010. SEC Press Release.