June 20, 2023 Webinar
1:00 pm – 2:00 pm ET
Earlier this year, the SEC re-proposed a rule to implement Section 27B of the Securities Act of 1933, a provision added by Section 621 of the Dodd-Frank Act.
This Dodd-Frank provision, intended to prohibit certain conflicts of interest in securitization transactions, is interpreted extremely broadly by the SEC’s sweeping proposal. If not amended, these rules would threaten the viability of many common, beneficial transactions in mortgage- and asset-backed securities.
We will discuss in this webinar:
- What the SEC has proposed,
- The impacts of their proposal,
- The industry’s response to it, and
- Where this issue is headed
Also see the SIFMA Comment Letter.