Geithner says the scaled back program is the result of improvements in the securities market.
On Thursday, Bernanke unleashed a third round of asset purchases, this time focused on the mortgage-backed securities market.
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The ratings service cited the thrift's exposure to the mortgage securities market, downgrading it to BB-minus from BBB-minus.
On the plus side, the municipal bond market would rapidly become a national rather than a regional securities market.
Securities market regulation does not often have much to do with foreign policy.
Specific to the asset-backed securities and mortgage-backed securities market, April data showed the 22nd consecutive month of year-over-year declines.
In 2006, Bear Stearns was the number one underwriter of mortgage-backed securities, with 11% of the US mortgage securities market.
The way the government securities market had worked until that point was that wholesale brokers like Cantor arranged trades between primary dealers.
He might wind up with a better annual return than that if the mortgage securities market recovers and he sells before maturity.
The entire asset-backed securities market would have never gotten off the ground.
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What was new here was the securities market built around the mortgages.
It is creating a central clearing house for foreign investors to directly access the Russian securities market without having to have a local broker.
"It is a good thing because the Vietnamese will know better about trading stocks, " says SSC official Le Thao, an expert on Vietnam's securities market.
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At this writing, the Soviets have successfully concluded seven or eight bond offerings in the West since first entering the European securities market three years ago.
In August 2008 the year the massive U.S. mortgage-backed-securities market imploded Allon started a company to analyze those bundles of loans and give them her stamp of approval.
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But the municipal securities market is thinly traded and largely exempt from the controls of both the Securities Act of 1933 and the Securities Exchange Act of 1934.
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In many cases, pension funds are buying government bonds because they need fixed income instruments and the near-collapse of the mortgage-backed securities market has eliminated that supply.
First Magnus, the 16th-largest U.S. home lender, said Thursday it would stop making mortgage loans because it can't find buyers in the mortgage securities market to get them off its balance sheet.
The effectiveness of ECB purchases of government bonds through its Securities Market Program has also been weakened, analysts say, by Greece's debt restructuring, where the ECB was treated better than private investors.
He also said the ECB had "decided to start consultations with other European institutions" on measures to promote non-bank lending to companies by trying to revive that side of the asset-backed securities market.
In a post last February, Supreme Court Cert Petition Spotlights Speech Limits on Securities Market, we urged the Justices to review a Massachusetts high court ruling which prevented communication about investment opportunities.
The consumer asset backed securities market is a source of liquidity to financial institutions that provide federally guaranteed small business loans and consumer lending such as auto loans, student loans and credit cards.
Without Fannie and Freddie's implicit guarantee of government support (which turned out to be all too real), would the mortgage-backed securities market and the subprime part of it have expanded the way they did?
Basically they merged with Desi TV, a publicly traded company (that couldn't dig up even a little info on), swapped the ticker symbol to XRMB, and started trading on the Over-The-Counter Bulletin Board securities market.
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For example, the International Securities Market Association, based in Switzerland, announced in January that it would develop a system to offer real-time prices for Eurobonds and internationally traded government bonds by the second quarter of 1999.
The law prohibits all publicly-traded companies, except for investment companies (other than closed-end investment companies), from disclosing information to securities market professionals, such as securities analysts or institutional investors, before disclosing the information to the public.
Martin Wheatley, Hong Kong's chief stock markets regulator, may not have been hired in 2005 to get tough on the world's seventh-largest securities market, but the global financial crisis is certainly forcing him to beef up oversight.
The consolation for people who make their living from the public securities market is that someday the private equity firms will want to cash out--and one way to do that is to sell shares to the public.
Russia is busy building out its securities market infrastructure with the merger of Micex and RTS, and has a shiny new city being built with all the amenities across from the Moscow River that would welcome them.
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