New disclosure requirements for public asset-backed bonds exclude private securities; critics see it as 'a massive hole' in the rules.
By Jody Shenn, Dave Michaels, and Matt Robinson, Bloomberg|August 29, 2014 at 08:59 AM|Originally published on Treasuryandrisk.Com
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
The U.S. Securities and Exchange Commission (SEC), while expanding disclosure requirements for one set of asset-backed securities, has stepped back from a plan to shed more light on a major part of the market.