Rule 17g-5 impracticality revealed

Author: | Published: 31 Aug 2010
SEC’s 17g-5 rule is unclear at best

The disclosure requirements imposed by the US Securities and Exchange Commission's (SEC) rule 17g-5 highlight the expanding gap between regulators' intentions and the practical implications of their rulemaking.

As IFLR reported in June, the amendments to rule 17g-5 require structured finance issuers to post all communications...

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