Overview Of Comments On SEC's Re-Proposal Of Shelf Eligibility Conditions.

Mondaq Business BriefingNbr. 2011, January 2011

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Securities and Exchange Commission - Legislation

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Overview Of Comments On SEC's Re-Proposal Of Shelf Eligibility Conditions.

As reported earlier, on July 26, 2011 the SEC issued for comment a proposing release entitled "Re-Proposal of Shelf Eligibility for Asset-Backed Securities and Other Additional Requests" (the Re-Proposal). The Re-Proposal put forward modifications to the proposals originally issued in April 2010 relating to those Shelf Eligibility Conditions dealing with certification and asset repurchases. The comment period for these re-proposals expired on October 4.

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