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ActiveState has submitted its comments to the Securities and Exchange Commission's (SEC's) Proposed Rule on Asset-Backed Securities [Release Nos. 33-9117; 34-61858; File No. S7-08-10].

ActiveState wrote in support of the SEC's proposed use of Python in the preparation of a waterfall computer program in the offering disclosure, and reporting for asset-backed securities.

The full text of the comment letter can be found here (PDF), or read the list of all submitted comment letters at: http://sec.gov/comments/s7-08-10/s70810.shtml.