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5 Apr 2009, 1:26 pm
”[2] The plan provides for the establishment of a Financial Stability Trust, a Public-Private Investment Fund designed to “cleanse” financial institutions’ balance sheets of legacy assets, and initiatives to support loan securitization and community lending while preventing foreclosures.[3] The Financial Stability Plan also promises to impose accountability and transparency on financial institutions that receive government aid by subjecting them to… [read post]
Noting that legislation, regulation, international accords, business trends, and physical impacts of climate change could all affect a registrant’s operations or results, the release “remind[ed] companies of their obligations under existing federal securities laws” “to consider climate change and its consequences as they prepare documents to be filed with us and provided to investors. [read post]