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The Form allows issuers to seek termination of a registered security class or suspension of duty for filing SEC mandated reports.
SEC Form 15 notifies the SEC that the company filing it does not intend to continue to file the various forms that are required in order to maintain its listing as a public company. The reporting requirements are detailed in the Securities Exchange Act of 1934.
Form ABS-15G is a collection of information created by Rule 15Ga-1. Form ABS- 15G contains disclosures required by Rule 15Ga-1 that require securitizers to provide disclosure regarding fulfilled and unfulfilled repurchase requests with respect to asset-backed securities, as required by the Act (Exchange Act-ABS).
The main difference between Form 15G and Form 15H is that Form 15G is meant for non-senior citizens (i.e., in case of individuals, they should be below 60 years of age) and non-individuals such as Trusts, Associations, Clubs, Hindu Undivided Family (HUF) and Societies; whereas Form 15H is meant for senior citizens only
Rule promulgated under the 1934 Act and adopted by the SEC in 1989 to establish standards for the procurement and dissemination of disclosure documents by Underwriters as a means of enhancing the accuracy and timeliness of disclosure to municipal Securities investors.
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SEC Form 15 is a voluntary filing with the Securities and Exchange Commission (SEC), also known as the Certification and Notice of Termination of Registration. It is used by companies to revoke their registrations as publicly-traded corporations.
Section 12(g) of the Exchange Act establishes thresholds at which an issuer (company) must register its securities with the SEC and become subject to periodic reporting and disclosure requirements.

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