• New Rules for Third-Party Due Diligence Reports for Asset-Backed Securities
  • September 10, 2014
  • Law Firm: Cadwalader Wickersham Taft LLP - New York Office
  • On August 27, 2014, the Securities and Exchange Commission (the “SEC”) adopted final rules (the “Final Rules”) implementing, among other things, provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”) relating to third-party due diligence reports for asset-backed securities (“ABS”). As adopted, the Final Rules will require: