SEC Unit Has CDS, CDOS In Sights

22 Jan 2010

The U.S. Securities and Exchange Commission’s new structured products unit is launching a wide-ranging search for fraud in over-the-counter derivatives and securitized products, said Kenneth Lench, the unit chief.

--Zeke Faux

The U.S. Securities and Exchange Commission’s new structured products unit is launching a wide-ranging search for fraud in over-the-counter derivatives and securitized products, said Kenneth Lench, the unit chief. “Our marching orders are to be the cop on the beat to understand the neighborhood, understand the products, ...

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