SEC Charges Former Freddie, Fannie CEOs

Robert Khuzami, director of the U.S. Securities and Exchange Commission’s (SEC) Enforcement Division, announces that the SEC has charged six former top executives of Fannie . . .
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SEC Charges Former Freddie, Fannie CEOs
Robert Khuzami, director of the U.S. Securities and Exchange Commission's (SEC) Enforcement Division, announces that the SEC has charged six former top executives of Fannie Mae and Freddie Mac with securities fraud, alleging they approved of misleading statements claiming the companies had minimal holdings of higher risk mortgage loans, including subprime loans, Dec. 16 in Washington. Former Fannie Mae CEO Daniel Mudd and former Freddie Mac CEO Richard Syron were among those charged by the SEC. (Win McNamee/Getty Images)
12/19/2011
Updated:
10/1/2015
<a><img class="size-large wp-image-1794951" title="SEC Sues Former Freddie Mac And Fannie Mae CEO's Over Subprime Loan Disclosures" src="https://www.theepochtimes.com/assets/uploads/2015/09/SEC_136019283.jpg" alt="" width="590" height="386"/></a>