Type:Notice
Citation:89 FR 99949
Reading Time:about 2 minutes
The Securities and Exchange Commission (SEC) is requesting an extension of the paperwork required for Rule 15Ga-2 and Form ABS-15G. These forms are used to gather information about asset-backed securities, particularly about repurchase requests. Form ABS-15G is essential for implementing disclosure requirements mandated by the Dodd-Frank Act. Public comments on this request can be submitted from December 12, 2024, to January 13, 2025.
Simple Explanation
The SEC wants to keep using some forms and rules to check on certain types of investments called asset-backed securities. These papers help everyone know more about these investments, and people can share their thoughts about this plan for about a month from December 12, 2024.