SEC Adopts Dodd-Frank Era Securitization Conflicts Rule

By Jessica Corso (November 28, 2023, 6:09 PM EST) -- The U.S. Securities and Exchange Commission adopted a rule Monday that was 12 years in the making, fulfilling a post-financial crisis congressional mandate to address conflicts of interest in the asset-backed securities industry by prohibiting investment banks from betting against some of the products they sell....

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