SEC Indefinitely Extends No-action Period Allowing Public ABS Issuers to Omit Ratings Disclosures | Practical Law

SEC Indefinitely Extends No-action Period Allowing Public ABS Issuers to Omit Ratings Disclosures | Practical Law

An update on an indefinite extension by the SEC of the safe-harbor period during which it will permit the omission of ratings disclosures from a prospectus that is part of a registration statement relating to a registered offering of asset-backed securities.

SEC Indefinitely Extends No-action Period Allowing Public ABS Issuers to Omit Ratings Disclosures

by PLC Finance and PLC Corporate & Securities
Published on 29 Nov 2010 • USA (National/Federal)
An update on an indefinite extension by the SEC of the safe-harbor period during which it will permit the omission of ratings disclosures from a prospectus that is part of a registration statement relating to a registered offering of asset-backed securities.