Week InAdvance August 25, 2014

 

Relevant Congressional Activity  |  Relevant Agency Activity

The Senate and the House remain out on August recess.
 

Please see below for details on agency events in Washington this week.


RelevantCongressionalActivityRelevant Congressional Activity

 

The Senate and the House are in recess.

 

RelevantAgencyActivityRelevant Agency Activity

 

Board of Governors of the Federal Reserve System

On Monday, August 25, 2014, the Board of Governors will hold a closed meeting for review and determination of the advance and discount rates to be charged by the Federal Reserve banks.


 

Securities and Exchange Commission

On Wednesday, August 27, 2014, the SEC will hold an open meeting to discuss:

  • Whether to adopt rules revising the disclosure, reporting and offering process for asset-backed securities. The revisions would require asset­-backed issuers to provide enhanced disclosures, including information for certain asset classes about each asset in the underlying pool in a standardized, tagged format, and revise the shelf offering process and eligibility criteria for asset-backed securities.
  • Whether to adopt rule amendments and new rules to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act concerning nationally recognized statistical rating organizations, providers of third-party due diligence services for asset-backed securities, and issuers and underwriters of asset-backed securities under the Securities Exchange Act of 1934.