U.S. Securities and Exchange Commission seal. Photo: Diego M. Radzinschi/ALM SEC Finalizes Rule Addressing Conflicts of Interest in Securitizations
"Taken together, the final rule will help address conflicts of interest arising when securitization participants take positions against ABS [asset-backed security] investors' interests," SEC Chair Gary Gensler said.
November 28, 2023 at 05:44 PM
3 minute read
The U.S. Securities and Exchange Commission finalized a rule Monday that would bar specific securitization participants from engaging in transactions involving or resulting in material conflicts of interest.
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