TY - JOUR T1 - Benefits of Regulation AB II for the Investor JF - The Journal of Structured Finance SP - 56 LP - 61 DO - 10.3905/jsf.2015.21.3.056 VL - 21 IS - 3 AU - Hans Godfrey AU - Chandra Mohan AU - Tejpal Singh Y1 - 2015/10/31 UR - https://pm-research.com/content/21/3/56.abstract N2 - On August 27, 2014, the U.S. Securities and Exchange Commission (SEC) voted to adopt Regulation AB II, creating rules regarding the registration, disclosure, and reporting of publicly issued asset-backed securities (ABS). This regulation updates Regulation AB, previously adopted by the SEC on December 22, 2004, and provides specific reforms to improve the quality and transparency of public issuance. With the exception of rules related to asset-level disclosure, issuers must comply with the regulation’s new rules by November 23, 2015. Compliance with asset-level disclosure must occur by November 23, 2016, for certain asset-backed securities, including residential and commercial mortgages, auto loans and leases, debt securities, and ABS resecuritizations. This article focuses on the regulation’s benefits for the investor and data collection, calculation, and presentation requirements for the issuer.TOPICS: Asset-backed securities (ABS), legal/regulatory/public policy ER -