On October 13th, the SEC published for comment a proposed rule requiring issuers of asset-backed securities to perform a review of the assets underlying the securities and publicly disclose information relating to the review. The proposal also requires an issuer or underwriter of ABS to make publicly available the findings and conclusions of any third-party due diligence report. Comments should be submitted on or before November 15, 2010. SEC Press Release. See also Schapiro Remarks; Casey Remarks; Walter Remarks; Aguilar Remarks (dissenting).