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21.09.2009 | 23:33
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BRIEF-US SEC says will vigorously pursue charges against Bank of America

Sept 21 (Reuters) - The Securities and Exchange Commission said on Monday:



* Says Bank of America settlement was reasonable, appropriate and in public interest

* Says considers legal options after federal judge rejected Bank of America

settlement

* Says will vigorously pursue charges against Bank of America and take steps

to prove our case in court

* Says will use 'additional discovery available in the litigation' to determine

whether to seek the court's permission to bring additional charges in this

case



(Reporting by Rachelle Younglai) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

© 2009 AFX News

Link: http://www.finanznachrichten.de/nachrichten-2009-09/15004781-brief-us-sec-says-will-vigorously-pursue-charges-against-bank-of-america-020.htm