TBMA Submits Comments to the SEC on Impacts of Reforms on the Asset-Backed Securities Markets
Published on:
January 31, 2005
The Bond Market Association (TBMA)* provides comments to the Securities and Exchange Commission (SEC)onsecurities offering reform impactson the asset-backed securities (ABS)markets. TBMA believes that the ABS markets, the non-ABS fixed income markets and equity markets are fundamentally different, including in respect of the offering and sale process. In this letter, TBMA addresses the specific issues about the proposal as they relate only to the ABS markets.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.