Subtitle D – Improvements to the Asset-Backed Securitization Process

Sec. 941. Regulation of credit risk retention. (amending 15 U.S.C. § 78c(a) and adding 15 U.S.C. § 78o-11)

Sec. 942. Disclosures and reporting for asset-backed securities. (amending 15 U.S.C. §§ 77g, 78o(d))

Sec. 943. Representations and warranties in asset-backed offerings. (See Note to 15 U.S.C. § 78o-7)

Sec. 944. Exempted transactions under the Securities Act of 1933. (amending 15 U.S.C. §§ 77d, 78c(a)(4)(B)(vii)(I))

Sec. 945. Due diligence analysis and disclosure in asset-backed securities issues. (amending 15 U.S.C. § 77g)

Sec. 946. Study on the macroeconomic effects of risk retention requirements.