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Legal Update

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

31 January 2011
Mayer Brown Legal Update
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.


  • Angela M. Ulum
    T +1 312 701 7776
  • Jon D. Van Gorp
    T +1 312 701 7091

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