Arlington Asset Investment Corp. Announces Termination of SEC Investigation No Enforcement Action Recommended
ARLINGTON, Va., Nov. 20, 2012 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AI) (the "Company") today announced that it has been advised by the U.S. Securities and Exchange Commission (the "Commission") that the investigation initiated by the Commission as previously disclosed, in which a "Wells Notice" was issued to the Company, has been terminated and that no enforcement action has been recommended. The investigation related to the disclosures in the offering material for an MBS offering sponsored in 2007 by a former non-broker-dealer subsidiary of the Company.
The Company's Chief Investment Officer, Mr. Brian Bowers, also received a similar notice from the Commission that the investigation against him has been terminated and that no enforcement action has been recommended.
About the Company
Arlington Asset Investment Corp. (NYSE: AI) is a principal investment firm that invests in mortgage-related and other assets. The Company is headquartered in the Washington, D.C. metropolitan area. For more information, please visit www.arlingtonasset.com.
SOURCE Arlington Asset Investment Corp.