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The Securities and Exchange Commission issues guidance identifying the IOUs being issued by California as “securities,” rather than just obligations of the economically troubled stake.
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California IOUs can be considered securities: SEC
Posted July 9th, 2009 in Business by admin. Tags: being-issued, california, Commission Issues, dentifying-the-ious, economically, economically-troubled, exchange, exchange-commission, Guidance, Ious, securities, Securities And Exchange, Securities And Exchange Commission, Securities Commission, Securities Exchange, Stake, the-economically, troubled-stake-
