On July 26th, the SEC voted unanimously to re-propose for public comment rules requiring greater accountability and enhanced quality around asset-backed securities ("ABS") using shelf registration. The SEC initially proposed the rules in April 2010; however, subsequent to that proposal, the Dodd-Frank Act was signed into law and addressed some of the same concerns about ABS. In light of those Dodd-Frank Act provisions and comments received from the public, the SEC re-evaluated its initial proposals and is republishing them for comment. Comments should be submitted within 60 days after publication in the Federal Register, which is expected during the week of August 1. SEC Release No. 33-9244. See also SEC Press Release; Aguilar Open Meeting Remarks; Schapiro Open Meeting Remarks.