CFR > Title 17 - Commodity and Securities Exchanges > CHAPTER II—SECURITIES AND EXCHANGE COMMISSION > PART 240—GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934 > SUBPART A—Rules and Regulations Under the Securities Exchange Act of 1934 (§240.0-1 to §240.12a-9) > 240.3a12-12—Exemption from certain provisions of section 16 of the Act for asset-backed securities.

240.3a12-12—Exemption from certain provisions of section 16 of the Act for asset-backed securities.

Asset-backed securities, as defined in § 229.1101 of this chapter, are exempt from section 16 of the Act (15 U.S.C. 78p ).

Code of Federal Regulations

[70 FR 1620, Jan. 7, 2005]