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UBS and Bank of America in settlement talks with SEC (UBS,GE,BAC)

Nov 02, 2009

Nov 01, 2009 (SmarTrend(R) News Watch via COMTEX News Network) -- 11/1/2009-UBS (NYSE:UBS) and Bank of America (NYSE:BAC) is reportedly in talks with the SEC over a possible settlement to resolve charges against the firms regarding bid-rigging in the municipal bond industry. The reports also indicated that GE Capital (NYSE:GE) may also be involved.

Write to Chip Brian at cbrian@tradethetrend.com

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Copyright, Comtex News Network, Inc. 2009

SOURCE: COMTEX SMARTREND(R)

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