(Reuters) - WASHINGTON, June 26 - The U.S. Securities and
Exchange Commission has opened 12 investigations into
collateralized debt obligations linked to the sinking
value of subprime mortgages and created a working group to
focus on subprime market problems, the agency said on Tuesday.
SEC Chairman Christopher Cox also told a House Financial
Services Committee hearing that the agency is broadly reviewing
how hedge funds value their various assets.
Read more at Reuters.com Bonds News
Exchange Commission has opened 12 investigations into
collateralized debt obligations linked to the sinking
value of subprime mortgages and created a working group to
focus on subprime market problems, the agency said on Tuesday.
SEC Chairman Christopher Cox also told a House Financial
Services Committee hearing that the agency is broadly reviewing
how hedge funds value their various assets.
Read more at Reuters.com Bonds News
No comments:
Post a Comment