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Newsletter September 2010: US securitisation reforms may hurt EU firms

Simon Turmaine | September 8, 2010

WASHINGTON – Reforms to the asset-backed securities (ABS) market, proposed by the Securities and Exchange Commission (SEC), America’s main securities markets watchdog, have received some grudging support from leading trade bodies in the US. But they are worrying many market participants in Europe who fear the proposals will put them at a competitive disadvantage.

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