TITLE

Four New Investment Banks Revealed in Auction-Rate Probe

AUTHOR(S)
Bamett, Susanna Duff
PUB. DATE
September 2004
SOURCE
Bond Buyer;09/17/2004, Vol. 349 Issue 31971, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the identification of four more securities firms as being part of the Securities and Exchange Commission's (SEC) probe into broker-dealers' activities in the more than $200 billion auction-rate market. Citigroup Global Markets Inc., Merrill Lynch & Co. Inc., Wachovia Securities LLC, and UBS Investment Bank are under scrutiny as part of the SEC's investigation into bidding practices in auction-rate deals, according to an offering prospectus that Eaton Vance Floating-Rate Income Trust filed with the SEC on Wednesday.
ACCESSION #
14438483

 

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