SEC REGARDING MARKET EVENTS AND LEHMAN BROTHERS

Updated: 09/18/2008 04:52
Reprints/Permissions  Hyip Monitor
The Securities and Exchange Commission announced this evening that it has taken actions to ensure that customers of Lehman Brothers Inc the U.S

The Securities and Exchange Commission announced this evening that it has taken actions to ensure that customers of Lehman Brothers Inc., the U.S. regulated broker-dealer subsidiary of Lehman Brothers Holdings Inc., will not be adversely affected by recent market events.

The decision by Lehman Brothers Holdings Inc. to file for protection under Chapter 11 of the bankruptcy laws is expected to lead to the winding down of Lehman Brothers Inc., its U.S. regulated broker-dealer, outside of bankruptcy.


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