The American Securitization Forum hopes to help issuers get up to speed on the implementation of the Securities & Exchange Commission’s Regulation AB, the first rule tailored specifically for the ABS market, according to Michael Mitchell, partner with Orrick, Herrington & Sutcliffe who will moderate a five member panel on the new regulation at the ASF’s Annual Meeting in New York on June 9.
Mitchell, a former special counsel with the SEC, will be joined by Max Webb, assistant director with the SEC’s Division of Corporation Finance, and officials from JPMorgan Chase, American Honda Finance, Deutsche Bank Trust Company and PNC Capital Markets. According to Mitchell, the panel will discuss implementation issues related to Reg AB in order to bring issuers up to date and share emerging best practices as the clock for the rule’s implementation winds down. Most of the rules provisions go into full effect on Jan 1, 2006.