SEC Extension of Comment Period for ABS Conflict Proposal

On December 13, the SEC extended the comment period for proposed Rule 127(b) that, pursuant to Section 621 of the Dodd-Frank Act, would prohibit material conflicts of interest in securitizations.  Comments on the proposed rule must now be submitted by January 13, 2012.  SEC ReleaseProposed Rule.

On December 13, the SEC extended the comment period for proposed Rule 127(b) that, pursuant to Section 621 of the Dodd-Frank Act, would prohibit material conflicts of interest in securitizations.  Comments on the proposed rule must now be submitted by January 13, 2012. On December 13, the SEC extended the comment period for proposed Rule 127(b) that, pursuant to Section 621 of the Dodd-Frank Act, would prohibit material conflicts of interest in securitizations.

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Comments on the proposed rule must now be submitted by January 13, 2012. On December 13, the SEC extended the comment period for proposed Rule 127(b) that, pursuant to Section 621 of the Dodd-Frank Act, would prohibit material conflicts of interest in securitizations.  Comments on the proposed rule must now be submitted by January 13, 2012.