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Private Resales Fixing America’s Surface Transportation Act (FAST Act)

Mintz

The New Section 4(a)(7): More Than a Codification of Section “4(a)(1½)”

Mintz on

On December 4, 2015, the Fixing America’s Surface Transportation Act (the “FAST Act”) was signed into law by President Obama. Although the FAST Act is primarily a transportation bill, buried in this legislation is a new...more

Morgan Lewis

The FAST Act, New Section 4(a)(7), and Section 4(a)(1½)

Morgan Lewis on

The new private resale safe harbor is unlikely to gain traction in private offerings of asset-backed securities. On December 4, 2015, US President Barack Obama signed into law the Fixing America’s Surface Transportation...more

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