Wednesday, June 27, 2007

UPDATE 1-SEC's Nazareth: Spend more to assess debt's risks

(Reuters) - Annette Nazareth, one of the five members of the U.S.
Securities and Exchange Commission, said firms and investors
take risks when they respectively create and buy illiquid and
"hard-to-value" securities.




She said these manifest themselves particularly when
investor risk tolerance declines, dampening demand.


Read more at Reuters.com Bonds News

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