Relevant:
- SEC Creates `Worthless' Mandate for Asset-Backed Bond Issuers, Allon Says
- FASB May Let Banks Delay Losses on Some Asset-Backed Securities
- SEC May Ban Moody's, S&P From Structured Consulting
- FDIC Board to Weigh Risk-Retention for Asset-Backed Securities
- Investors, Issuers Howl Over Plans to Change Asset Backed Securities Ratings
2010-07-23 — bloomberg.com
"The Securities and Exchange Commission will allow issuers of asset-backed bonds to omit credit ratings from filings for six months, helping them adjust to rules passed into law this week as part of the financial regulations overhaul."
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