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SEC staff publishes C&DI on certain funding agreements

  • SEC (US Securities and Exchange Commission) Image

Sep 06, 2016

The staff in the SEC’s Division of Corporation Finance has updated its compliance and disclosure interpretations (C&DIs) related to Regulation AB.

The purpose of the update is to clarify whether a funding-agreement-backed note with certain characteristics should be considered an “asset-backed security,” as that term is defined in either Item 1101(c) of Regulation AB or Section 3(a)(79) of the Securities Exchange Act of 1934.

For more in­for­ma­tion, see Question 301.03, Item 1101(c), of the C&DIs on the SEC’s Web site.

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