J. Paul Forrester

US Securities and Exchange Commission Issues Concept Release and Request for Comments Regarding Investment Company Exclusion under Section 3(c)(5)(C) of the Investment Company Act of 1940
Leslie S. Cruz,J. Paul Forrester,John W. Noell,Matthew A. Posthuma,Jon D. Van Gorp, September 22, 2011
On August 31, 2011, the United States Securities and Exchange Commission (SEC), in Release No. IC-29778 (Release), provides a concept release and requests public comments regarding mortgage-related pools, including certain real estate investment trusts (REITs) and issuers of mortgage-backed...

California’s Renewable Auction Mechanism (RAM) Resolution
Paul J. Astolfi,J. Paul Forrester,Nadav C. Klugman,Sandra R. Stipp, September 20, 2011
On August 18, 2011, the California Public Utilities Commission (CPUC) adopted a resolution (the RAM Resolution) implementing program details and bidding protocols for California’s Renewable Auction Mechanism (RAM). The resolution also approved standard form purchase contracts for use by each...

US Securities and Exchange Commission Proposes to Revisit and Revise Rule 3a-7 Investment Company Exemption for Asset-Backed Securities (ABS) Issuers
J. Paul Forrester,Christopher B. Horn,Elizabeth M. Knoblock, September 20, 2011
On August 31, 2011, the United States Securities and Exchange Commission (SEC), in Release No. IC-29779 (Release) provides advance notice of a proposed rulemaking for proposed amendments to Rule 3a-7 under the Investment Company Act of 1940 (ICA or 40 Act). Simultaneously, the SEC proposed to...