Financial Services Financial Services

Comment: US SEC securitization conflict plan traceable to Goldman Sachs’ 2007 securities shorts

By Neil Roland
  • 25 Jan 2023 22:43
  • 25 Jan 2023 22:43
A US Securities and Exchange Commission proposal to prohibit conflicts of interest in securitization transactions can be traced to Goldman Sachs’ sale of subprime mortgage-backed securities while betting against them as the 2007 housing market started to collapse.
The 189-page proposal (see here) today cited a Senate investigation that found

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

Discover MLex

Stay on top of global regulatory developments

Latest News