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New York Attorney General Schneiderman And Federal Officials Detail Joint Investigation Into Mortgage Crisis - Unit Announced By President Obama In 2012 State Of The Union Address - Panel Charged With Investigating Mortgage Crisis, Resulting Damage To Homeowners And Investors - Schneiderman: Comprehensive Investigation Will Help Restore Americans’ Trust In Financial Sector And Government

Date 27/01/2012

New York Attorney General Eric T. Schneiderman, U.S. Attorney General Eric H. Holder, Housing and Urban Development (HUD) Secretary Shaun Donovan, and Securities and Exchange Commission (SEC) Director of Enforcement Robert Khuzami today detailed the core mission of the new Residential Mortgage-Backed Securities Working Group announced by President Obama in the State of the Union address. This collaboration brings together the Department of Justice (DOJ), several state law enforcement officials – led by Attorney General Schneiderman - and other federal entities to investigate those responsible for misconduct contributing to the financial crisis through the pooling and sale of residential mortgage-backed securities. It builds upon ongoing state and federal investigations, while also launching new ones.

Fitch Comments Further On Downgrade Of Cyprus To 'BBB-' - Outlook Negative

Date 27/01/2012

Fitch Ratings is providing further comment on the rating actions it took earlier today on the Republic of Cyprus (Cyprus), where its Long-term Issuer Default Rating (IDR) was downgraded to 'BBB-' from 'BBB', Negative Outlook, and its Short-term IDR was affirmed at 'F3'.

Canadian Securities Regulators Adopt Regulatory Regime For Credit Rating Organizations

Date 27/01/2012

The Canadian Securities Administrators announced today the adoption of NI 25-101 Designated Rating Organizations, which will impose requirements on credit rating organizations wishing to have their credit ratings eligible for use in securities legislation.

Fitch Comments Further On Downgrade Of Spain To 'A' - Outlook Negative

Date 27/01/2012

Fitch Ratings is providing further comment on the rating actions it took earlier today on the Kingdom of Spain (Spain), where its long-term issuer default rating (IDR) was downgraded to 'A' from 'AA-'; Negative Outlook; and its short-term IDR was downgraded to 'F1' from 'F1+'.

Remarks Before The Domestic Trade Policy Committee Of The National Association Of Wheat Growers Winter Meeting, CFTC Commissioner Jill Sommers

Date 27/01/2012

As a proud Kansan, there is no place I would rather be today than speaking to a group of Wheat Growers. Thank you for inviting me today to discuss the bankruptcy of MF Global and the regulatory issues related to the protection of customer segregated funds.

TOM MTF Statistics Week 4 2012

Date 27/01/2012

Click here to download the weekly statistics update of TOM MTF for week 4 - 2012.

UK Government Publishes Financial Services Bill

Date 27/01/2012

The Government has today published legislation which will fundamentally transform and strengthen financial regulation in the United Kingdom, Financial Secretary to the Treasury, Mark Hoban, has announced.  The new regime sets out a clear, coherent and comprehensive regulatory framework, replacing the uncertainty and inadequacy of the previous structure, and helping to mitigate against future risks to stability.

Fitch Takes Rating Actions On Six Eurozone Sovereigns

Date 27/01/2012

Fitch Ratings has today concluded its review of the six eurozone sovereigns it placed on Rating Watch Negative (RWN) on 16 December 2011.

Speech By SEC Staff: Remarks At Joint News Conference To Announce RMBS Working Group - Robert Khuzami Director Of The SEC’s Division Of Enforcement

Date 27/01/2012

Good morning. Mortgage products were in many ways ground zero in the financial crisis.

Individual mortgages were pooled and sliced and diced into sophisticated securities that were a world away from the house, on a street, in a town somewhere in America where a family had realized their dream – the dream of buying a house they could call a home.

Remarks Before The American Bar Association, Committee On Derivatives And Futures Law, CFTC Chairman Gary Gensler

Date 27/01/2012

Good afternoon. I’d like to thank the American Bar Association’s Committee on Derivatives and Futures Law for inviting me to speak today. Thank you, Susan, for that introduction.