The Securities and Exchange Commission recently announced it will hold an open meeting on January 25, 2022, which will be webcast, in order to consider whether to propose a new rule to implement Section 27B of the Securities Act. This was added by Section 621 of the Dodd-Frank Act, and relates to the prohibition of conflicts of interest in certain securitization transactions. Section 621 was added to the Dodd-Frank Act late in the legislative process as a result of attention drawn by the Abacus transaction. In 2011, the SEC had proposed rules that would have implemented Section 27B by defining the types of proposed conflicts intended to be addressed by the Act.
See the meeting notice here.