FAH-Q Republicans!

source: http://finance.yahoo.com/news/SEC-sets-assetbacked-rb-3536529658.html;_ylt=AtNGaGJV69.G6pkkQqxTwQW7YWsA;_ylu=X3oDMTE1YWw2aTMxBHBvcwM3BHNlYwN0b3BTdG9yaWVzBHNsawNzZWNzZXRzYXNzZXQ-?x=0&sec=topStories&pos=3&asset&ccode

EXCERPT:

‎”The second rule approved by the SEC [Securities and Exchange Commission] Thursday would require issuers of asset-backed securities [like SUBPRIME-MORTGAGE-BACKED SECURITIES] to conduct a review of the loans underlying the securities and disclose it to investors.

That rule was approved in a 3-2 vote, with both Republican commissioners dissenting.”

FAH-Q = For All to Hear & Question. ; )

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