Document ID: SEC-2014-0544-0001
Agency: sec
Document Type: Proposed Rule
Title: Asset-Backed Securities Release
Posted Date: 2014-04-02T04:00Z

[Federal Register Volume 79, Number 63 (Wednesday, April 2, 2014)]
[Proposed Rules]
[Page 18483]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-07356]

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SECURITIES AND EXCHANGE COMMISSION

17 CFR Parts 200, 229, 230, 232, 239, 240, 243, and 249

[Release Nos. 33-9568; 34-71830; File No. S7-08-10]
RIN 3235-AK37

Extension of Comment Period for Asset-Backed Securities Release

AGENCY: Securities and Exchange Commission

ACTION: Extension of comment period.

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SUMMARY: On February 25, 2014, the Securities and Exchange Commission 
re-opened the comment period on two releases related to asset-backed 
securities. The Commission re-opened the comment period to permit 
interested persons to comment on an approach for the dissemination of 
potentially sensitive asset-level data. The comment period is scheduled 
to end on March 28, 2014. In light of public interest in providing 
comment on the approach, the Commission is extending the comment period 
until April 28, 2014 to permit interested persons additional time to 
analyze and comment on the approach.

DATES: Comments should be received on or before April 28, 2014.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/proposed.shtml); or
     Send an email to rule-comments@sec.gov. Please include 
File Number S7-08-10 on the subject line; or
     Use the Federal eRulemaking Portal (http://www.regulations.gov). Follow the instructions for submitting comments.

Paper Comments

     Send paper comments to Secretary, Securities and Exchange 
Commission, 100 F Street NE., Washington, DC 20549-1090.
    All submissions should refer to File Number S7-08-10. This file 
number should be included on the subject line if email is used. To help 
us process and review your comments more efficiently, please use only 
one method. The Commission will post all comments on the Commission's 
Internet Web site (http://www.sec.gov/rules/proposed.shtml). Comments 
are also available for Web site viewing and printing in the 
Commission's Public Reference Room, 100 F Street NE., Washington, DC 
20549 on official business days between the hours of 10:00 a.m. and 
3:00 p.m. All comments received will be posted without change; we do 
not edit personal identifying information from submissions. You should 
submit only information that you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Rolaine S. Bancroft, Senior Special 
Counsel, or Robert Errett, Special Counsel, at (202) 551-3850 in the 
Office of Structured Finance, Division of Corporation Finance, U.S. 
Securities and Exchange Commission, 100 F Street NE., Washington, DC 
20549-3628.

SUPPLEMENTARY INFORMATION: On February 25, 2014, we re-opened the 
comment period on two releases, Asset-Backed Securities \1\ and Re-
Proposal of Shelf Eligibility Conditions for Asset-Backed 
Securities,\2\ to permit interested persons to comment on an approach 
for the dissemination of asset-level data,\3\ which is described in a 
staff memorandum, dated February 25, 2014, that has been previously 
included in the public comment file.\4\
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    \1\ Release No. 33-9117 (Apr. 7, 2010), 75 FR 23328.
    \2\ Release No. 33-9244 (Jul. 26, 2011), 76 FR 47948.
    \3\ Release No. 33-9552 (Feb. 25, 2014), 79 FR 11361.
    \4\ See Memorandum from the Commission's Division of Corporation 
Finance (dated Feb. 25, 2014), which is available on the 
Commission's Internet Web site at http://www.sec.gov/comments/s7-08-10/s70810.shtml.
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    The comment period is scheduled to end on March 28, 2014. We have 
received requests for an extension of time for public comment.\5\ The 
Commission believes that providing the public additional time to 
consider and comment on the matters outlined in the staff memorandum 
and submit comprehensive responses would benefit the Commission in its 
consideration of the final rules. Therefore, we are extending the 
comment period until April 28, 2014.
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    \5\ See letters from Ally Financial Inc. dated Mar. 14, 2014, 
Bank of America Corporation dated Mar. 18, 2014, CNH Industrial 
Capital America LLC dated Mar. 20, 2014, Ford Motor Credit Company 
LLC dated Mar. 10, 2014, Mortgage Bankers Association dated Mar. 14, 
2014, Structured Finance Industry Group dated Mar. 10, 2014, Volvo 
Financial Services dated Mar. 25, 2014 and World Omni Financial 
Corp. dated Mar. 24, 2014. The public comments we received are 
available at http://www.sec.gov/comments/s7-08-10/s70810.shtml.

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    By the Commission.

    Date: March 28, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-07356 Filed 4-1-14; 8:45 am]
BILLING CODE 8011-01-P