CFR › Title 17 › Part 240 › §240.3a12-1217 CFR §240.3a12-12Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗Copy linkAsset-backed securities, as defined in § 229.1101 of this chapter, are exempt from section 16 of the Act (15 U.S.C. 78p).