Statement On The Adoption Of Rule 939A Amendments to Regulation M, SEC Commissioner Mark T. Uyeda, June 7, 2023
<p><span>Thank you, Chair Gensler, and thank you to the staff for your presentation. Today, the Commission considers whether to adopt amendments to implement Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank Act”).</span><span> Section 939A requires that the Commission remove references in its rules to credit ratings and to substitute alternative standards of credit worthiness. Today’s amendments would remove certain credit rating references relating to exceptions under Regulation M ...
Source: mondovisione.com