Thursday, May 10, 2007

UPDATE 1-SEC, NYSE Regulation examine Sallie Mae stock trades

(Reuters) - Reston, Virginia-based Sallie Mae said NYSE Regulation Inc. and the Philadelphia office of the U.S. Securities and Exchange Commission are examining trading in its stock and securities. The company said it is cooperating with both regulators.

Sallie Mae disclosed the inquiry in its quarterly report filed with the SEC. Its was not immediately available for comment. SEC spokesman John Heine and NYSE Regulation spokesman Brendan Intindola declined to comment.


Read more at Reuters.com Government Filings News

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