SEC's Schapiro to look into securities-lending market

09/29/2009 | Wall Street Journal, The

Mary Schapiro, chairwoman of the Securities and Exchange Commission, said she wants to look into the massive "opaque market" of securities lending. "We need to consider ways to enhance investor-oriented oversight," Schapiro said, because many investors lost millions in the market during the credit crunch. The SEC is exploring issues related to securities lending in a public round table.

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