SEC Speech: Statement at Open Meeting: Prohibiting Firms from Designing Transactions to Fail, by Commissioner Luis A. Aguilar, on September 19, 2011

SEC Speech: Statement at Open Meeting: Prohibiting Firms from Designing Transactions to Fail, by Commissioner Luis A. Aguilar, on September 19, 2011

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SEC proposes a rule designed to address "the serious conflict of interest that results from a financial firm designing an asset-backed security, selling it to customers, and then betting on its failure." Reuters

Statement at Open Meeting: Prohibiting Firms from Designing Transactions to Fail, by Commissioner Lu

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