market for mortgage securities continues to grow and develop, this transformation raises a number of important public policy …

Valuing financial securities often assumes that the contractual obligations of the security are going to be honored … securities are usually complex and it is difficult to find comparable securities for which to observe prices, valuation requires … financial institutions hold large amounts of these securities in their portfolios, and it is important that these institutions …

The behavior of securities dealers has been closely scrutinized in the 1990s. Recent investigations of the National … Association of Securities Dealers and the Nasdaq market by the U.S. Department of Justice and the Securities and Exchange …