Finra scrutinises muni-bond market; US Treasury creates Consumer Financial Protection Agency
The US Financial Industry Regulatory Authority (Finra) has launched an investigation into financial institutions' underwriting derivatives contracts used by US municipals to finance debt at lower costs.
Source: Risk magazine
| 02 Jul 2009
Categories: Structured Products, Governments and agencies
Topics: Lehman Brothers, US Treasury, Jefferson County, consumer protection, Financial Industry Regulatory Authority (Finra), Timothy Geithner