SEC Pursuing MBS Traders Despite Prosecutors' Early Flop
By Carmen Germaine ( May 16, 2017, 10:58 PM EDT) -- The U.S. Securities and Exchange Commission's civil case against two former traders alleging they lied to customers about prices for mortgage-backed securities is the second such case the agency has brought in two weeks, a sign it is forging ahead on bond cases while federal prosecutors hesitate in the wake of a significant criminal trial loss....
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