SEC Updates Corporation Finance Interpretations (CFIs) Related to Asset-Backed Securities

The SEC’s Division of Corporation Finance (the “Division”) has updated its interpretations (CFIs) related to asset-backed securities. Specifically, the Division has released (1) new questions 213.01–213-06 on Form ABS-15G, “Asset-Backed Securitizer Report Pursuant to Section 15G of the Securities Exchange Act of 1934,” and (2) new question 325.01 on materiality considerations under Regulation AB.