Structured Finance Firm Under Investigation

26 Jan 2009

Coventree has acknowledged that it is being investigation by the Ontario Securities Commission as part of a wider probe of the Canadian asset-backed commercial paper.

Coventree has acknowledged that it is being investigation by the Ontario Securities Commission as part of a wider probe of the Canadian asset-backed commercial paper. The Toronto-based structured finance firm, which announced Friday it is unwinding with the implementation of the ABCP settlement, said there are no formal ...

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