Home

Bill GalvinMessage from
Secretary Bill Galvin

Thousands of individuals, small businesses and institutions have found themselves without full access to their funds since February because of the failure of the so-called “auctions”.

I and other securities regulators have been working diligently to free up these funds and get full restitution to all as quickly as possible.  To that end, I have decided to underwrite this website as a clearinghouse of information.  If you need additional information please feel free to contact your state regulator or my office toll free at 1-800-269-5428 or www.sec.state.ma.us/sct

Bill Galvin Secretary of the Commonwealth of Massachusetts

Accurate free information to assist investors seeking relief who have found themselves stranded in auction rate securities.

Latest information on each company settlement offer:

UBS
Morgan Stanley
Wachovia
Citi
Merrill Lynch
Bank Of America
Fidelity


From CNBC: UBS' $19.4B Auction-Rate Issue

Discussing UBS' settlement with state and federal regulators CNBC's Melissa Francis interviews Bill Galvin, Massachusetts Secretary of State.


 
footer