Final Rule
Suspension of the Duty To File Reports for Classes of Asset-Backed Securities Under Section 15(D) of the Securities Exchange Act of 1934
Overview
Section 942(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act eliminated the automatic suspension of the duty to file under Section 15(d) of the Securities Exchange Act of 1934 for asset-backed securities issuers and granted the Commission the authority to issue rules providing for the suspension or termination of such duty. We are adopting rules to provide certain thresholds for suspension of the reporting obligations for asset-backed securities issuers. We are also amending our rules relating to the Exchange Act reporting obligations of asset-backed securities issuers in light of these statutory changes.
Prior Actions
Proposed Rule (34-63652)
Release Number
34-63652
SEC Issue Date
Jan. 6, 2011
Federal Register Publish Date
Jan. 12, 2011
Document Citation
76 FR 2049
RIN
3235-AK89
Resources
Details
File Number
S7-02-11
Rule Type
Final
Release Number
34-65148
SEC Issue Date
Aug. 17, 2011
Effective Date
September 22, 2011
Federal Register Publish Date
Aug. 23, 2011
Document Citation
76 FR 52549
RIN
3235-AK89