NEW YORK (MarketWatch) - Countrywide Securities Corp. has officially been removed from the ranks of the Federal Reserve Bank of New York's list of primary U.S. government Securities dealers, the Fed said in a statement today. The firm was removed as a result of its acquisition by Bank of America earlier this year, leaving a total of 19 primary dealers. Bear Stearns Cos. remains on the list, though it is expected to be dropped soon due to the merger with J.P. Morgan Chase Co. . Both Bank of America and J.P. Morgan have securities arms that are also dealers. ...
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