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SEC eyes new rules for asset-backed securities


    NEW YORK (Reuters) - U.S. securities regulators will meet April 7 to consider new disclosures for asset-backed securities such as those linked to mortgages, the Securities and Exchange Commission said on its web site.

    The SEC will consider a proposal that would require banks and other issuers to disclose more information about the securities underlying the asset pool.

    (Reporting by Rachelle Younglai, editing by Leslie Gevirtz)