The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. April 8, 2010 SEC Proposes Banks Share Losses on Asset-Backed Securities ---------------------------------------------------------- The Securities and Exchange Commission has unveiled new proposals for regulating asset-backed securities, seen by many as a key cause in the nation’s financial meltdown. The measures would compel banks to share the risks of losses from the sale of the securities, which bundle often risky loans for sale to investors. .