Merrill reaches tentative deal with SEC over ARS (Reuters)

Posted by admin on August 28, 2008 under News | Be the First to Comment

Merrill reaches tentative deal with SEC over ARS (Reuters)

A Merrill Lynch sign is seen above the main entrance to its headquarters in New York, January 17, 2008. (Mike Segar/Reuters)Reuters – Merrill Lynch & Co Inc struck a deal with the U.S. Securities and Exchange Commission to buy back billions of dollars of auction-rate securities, in a settlement little different from one the bank reached a day earlier with several states.


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