Spending For Securities Counsel Will Grow In 2013, GCs Say

Law360, New York (October 17, 2012, 7:34 PM EDT) -- Companies will pump more money into securities-related legal efforts in 2013, a year that will see the continuation of a multibillion-dollar Federal Reserve plan to snap up mortgage-backed securities that has shaped the marketplace, according to a new study on corporate legal spending.

Over the past few months, the agency has reaffirmed that it will keep in place for the foreseeable future its program to buy mortgage debt and stay active in bonds, driving activity as the securities market size stands poised to top $5 billion...
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