A closely watched appeals court case that could determine whether investors may sue firms over allegedly faulty disclosure for auction-rate securities has pitted the Securities and Exchange Commission (SEC) against a broker-dealer group.
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Sol Systems launched a new financing platform that provides investors and developers with the tools they need to originate, evaluate, finance, and construct renewable energy projects.
September 2 -
The Financial Stability Board said it plans to focus on five areas where more detailed work is warranted to help gauge the case for further regulatory action.
September 1 -
Nonprime lender/servicer Springleaf Financial late Wednesday priced a $242 million nonprime residential MBS at a yield of 4%, according to market reports.
September 1 -
The Federal Reserve might start purchasing agency MBS again if the Obama administration can cobble together an effective program to refinance Fannie Mae and Freddie Mac guaranteed loans, according to a new report from Keefe, Bruyette & Woods (KBW).
September 1 -
U.S. District Judge William Pauley set a Sept. 21 hearing to consider requests from some investors to move the case against Bank of America Corp.'s $8.5 billion settlement to the Manhattan federal court from a New York state court, according to a Reuters report.
September 1
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The Federal Reserve Board said it plans a formal enforcement action against the Goldman Sachs Group and Goldman Sachs Bank USA.
September 1 -
HSH Nordbank has filed a suit in the New York state court against JPMorgan Chase over losses on $159 million RMBS it purchased from the bank, according to a Reuters report.
September 1 -
Bank of America Merrill Lynch has named new coheads of its global leveraged finance group, according to an internal memo.
September 1 -
Goldman Sachs can complete the sale of its mortgage servicing subsidiary to Ocwen Financial Corp. now that the parties have agreed to a settlement with the New York superintendent of banks over alleged abusive services practices, according to a report in The Wall Street Journal.
September 1 -
Major League Baseball's (MLB) Club Trust Securitization has been rated 'A-' by Fitch Ratings.
September 1 -
With the private-label mortgage market virtually nonexistent and the GSEs in trouble, Ginnie Mae has come to the forefront to fill the void that these other sources of credit have left.
September 1 -
Volatility in the capital markets has pushed industry participants towards safe-haven assets such as covered bonds.
September 1