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Volume 2010 - Number 6

February 12, 2010

State Street Settles With SEC, Massachusetts Over Charges Involving Subprime Disclosures

Boston-based State Street Bank and Trust Co. has entered into settlements with the Securities and Exchange Commission, the Massachusetts Attorney General and the Massachusetts Securities Division of the Office of the Secretary of State to settle charges that the institution misled investors about their exposure to subprime mortgage investments while selectively disclosing more...

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.

 

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