Tuesday, June 26, 2007

UPDATE 1-US SEC's Cox says agency probing 12 CDO matters

(Reuters) - WASHINGTON, June 26 - The U.S. Securities and
Exchange Commission has opened 12 enforcement investigations
into matters surrounding collateralized debt obligations ,
the agency's leader told a Congressional panel on Tuesday.




SEC Chairman Christopher Cox, in responding to questions
about whether the CDO market needs more transparency, said that
the agency's enforcement division has launched a dozen probes
into "issues such as this."


Read more at Reuters.com Government Filings News

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