2nd Circ. FIRREA Ruling Impacts $32B, Banks Tell High Court

By Jody Godoy (October 14, 2016, 6:15 PM EDT) -- UBS Securities LLC and other investment banks have urged the U.S. Supreme Court to review the Second Circuit's split ruling that the Financial Institutions Reform, Recovery and Enforcement Act extended deadlines for the government to file mortgage-backed securities suits, saying it affects litigation involving $32 billion in securities....

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