Judge Denies SEC Motion in Wells MBS Case

A federal judge rejected an attempt by the Securities and Exchange Commission to compel Wells Fargo Co. to comply with an administrative subpoena, ordering the agency and the bank to meet to resolve their dispute over documents related to the agency’s investigation of nearly $60 billion of residential mortgage-backed securities.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_570/judge-denies-sec-motion-1029684-1.html

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