The Securities and Exchange Commission voted today to propose that the Wall Street firms that package and sell asset-backed securities be required to hold at least 5 percent of the loans on their books.
TBO News Breaking, Tampa Tribune
Wed, 04/07/2010 - 8:40am
The Securities and Exchange Commission voted today to propose that the Wall Street firms that package and sell asset-backed securities be required to hold at least 5 percent of the loans on their books.