SEC Charges Former Mortgage Lending Executives With Securities Fraud
By SEC -

Washington, D.C. – February 14, 2011 – (RealEstateRama) — The Securities and Exchange Commission today charged three former senior executives at IndyMac Bancorp with securities fraud for misleading investors about the mortgage lender’s deteriorating financial condition.


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The mission of the U.S. Securities and Exchange Commission (SEC) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

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