• AddRemove
  • Build a Report 
Past Event
10 February 2011

SEC Adopts Final Rules on Representation and Warranties in ABS Offerings

On January 20, 2011, the US Securities and Exchange Commission issued final rules imposing extensive and potentially onerous reporting and disclosure requirements on issuers with respect to past and future repurchase or replacement activity arising from breaches of representations and warranties made in securitization transactions. The Final Rules impact nearly every type of asset-backed securitization transaction, including both registered public offerings under the Securities Act of 1933 and private offerings, regardless of whether these private offerings are conducted in reliance on Rule 144A or another “safe harbor” from the registration requirements of the Securities Act.

Please join Mayer Brown partners Christopher Horn and Elizabeth Raymond as they discuss the final rules and some of the many interpretive issues that may arise in applying the rules.

Of Related Interest

SEC Adopts Final Rules Related to Representation and Warranties in Asset-Backed Securities Offerings
Legal Update

Recent Teleconferences

The Impact of the Orderly Liquidation Authority (OLA) on Finance Transactions
Teleconference recording: 1/27/2011

Mayer Brown's Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm's global resources from multiple practices and offices, the Initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.

Related Multimedia

Play Audio
10 February 2011

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.