On September 2, the FHFA established new housing goals for Fannie Mae and Freddie Mac for 2010-2011 as required by the Housing and Economic Recovery Act of 2008. FHFA Release. Final Rule.
Month: September 2010
SEC Temporary Rule for Municipal Advisors
On September 2, the SEC adopted a temporary rule that requires municipal advisors to register with the SEC by October 1, as required by the Dodd-Frank Act. The registration can be completed on the SEC website. SEC Release.
SEC Proposed Extension of Temporary Filing Accommodation
On August 30, the SEC proposed to extend the temporary filing accommodation in Rule 312 of Regulation S-T that allows ABS static pool information to be provided on a website rather than disclosed in a prospectus. The proposal would extend the filing accomodation through June 30, 2012 from its current December 31, 2010 expiration. Comments are requested within 30 days of publication of the proposal in the Federal Register. SEC Proposal.