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On the Hot Seat

Still sorting out the auction-rate mess

Galvin's office addresses conflicts

In reviewing securities records, Secretary of State William Galvin said his office found conflicts of interest. In reviewing securities records, Secretary of State William Galvin said his office found conflicts of interest.
August 31, 2008

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Massachusetts Secretary of State William F. Galvin oversees the state Securities Division and has long been an ally of ordinary investors. He spoke recently with Globe reporter Beth Healy about Wall Street's latest scandal, involving auction-rate securities, and the division's investigation of a number of firms involved in that business. Firms have agreed to buy back more than $50 billion ... (Full article: 1043 words)

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