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Supreme Court Urged To Mull BNY Mellon's RMBS Liability

By Evan Weinberger (September 21, 2015, 3:38 PM EDT) -- Union pension funds have asked the U.S. Supreme Court to determine whether Bank of New York Mellon Corp. should be liable under federal law for failing to properly oversee hundreds of residential mortgage-backed securities trusts that collapsed during the financial crisis....

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