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Morrison & Foerster LLP | USA | 20 Apr 2010

Historic changes proposed for ABS offering rules

On April 7, 2010, the US Securities and Exchange Commission (the "SEC") released a proposed rule (the "Proposed Rule") which, if adopted in its current form, would significantly revise Regulation AB ("Regulation AB") and other rules applicable to registration, disclosure and reporting for asset-backed securities ("ABS") and other structured finance products.

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