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August 19, 2004

Freddie Mac

SEC Is Considering a Civil Injunctive Action Against Freddie Mac

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RISMEDIA, August 19 – Freddie Mac has been notified by the Securities and Exchange Commission that the SEC staff is considering a civil injunctive action against the company for possible violations of the federal securities laws.

A Wells Notice indicates that in connection with the contemplated action, the SEC staff may seek a permanent injunction and a civil money penalty.

Freddie Mac says it has been cooperating with the SEC's investigation and will continue to do so as it evaluates how it will respond to the Wells Notice.

RISMEDIA welcomes your questions and comments. Send your e-mail to: editorial@rismedia.com


Posted by at August 19, 2004 07:43 PM

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