CarMax Auto Funding LLC Submits ABS-15G Filing with SEC
In a recent SEC filing, CarMax Auto Funding LLC submitted an ABS-15G form, signaling its compliance with regulations regarding asset-backed securities. The significance of this filing lies in the transparency it provides to investors and regulators regarding the quality of the underlying assets in the securities being offered. By disclosing information about the assets, CarMax Auto Funding LLC aims to instill confidence in the market and ensure compliance with regulatory requirements.
CarMax Auto Funding LLC is a subsidiary of CarMax, a leading retailer of used cars in the United States. With a wide selection of vehicles and a reputation for quality and customer service, CarMax has established itself as a trusted name in the automotive industry. Investors and stakeholders can learn more about CarMax and its offerings by visiting their website at https://www.carmax.com/. The submission of the ABS-15G form by CarMax Auto Funding LLC reflects the company’s commitment to transparency and regulatory compliance in its financial operations.
The ABS-15G form, also known as the “Asset-Backed Securities-15G,” is a filing required by the Securities and Exchange Commission (SEC) for issuers of asset-backed securities. This form is used to disclose information about the underlying assets in the securities, including details about the pool of assets and the structure of the transaction. By submitting this form, CarMax Auto Funding LLC is providing important information to investors and regulators to ensure transparency and compliance with securities laws.
Read More:
CarMax Auto Funding LLC Submits ABS-15G Form to SEC