Friday, June 29, 2007

RPT-UPDATE 1-SEC investigating Brookstreet collapse

(Reuters) - NEW YORK, June 29 - The U.S. Securities and
Exchange Commission is investigating the collapse of
Brookstreet Securities, a California broker-dealer that was hit
by heavy losses in mortgage-backed securities this month, its
president said on Friday.




"The SEC is on site and they're reviewing it," Stanley
Brooks said in a telephone interview on Friday.


Read more at Reuters.com Bonds News

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