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RBS Misses Target On Attempt to Escape MBS Suit By NCUA

By Ben Conarck (March 17, 2015, 5:05 PM EDT) -- RBS Securities Inc. must face claims from the National Credit Union Administration that it misled investors over hundreds of millions of dollars in mortgage-backed securities that helped lead to the failure of a major credit union, a California federal judge ruled Monday, calling the broker-dealer's motion to dismiss premature....

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