June 10 (Reuters) – The U.S. Securities and Exchange Commission in April had sought additional disclosures from New York Community Bancorp (NYCB.N), opens new tab in its preliminary proxy statement, regulatory filings made by the regional lender showed on Monday.
The regulator requested NYCB to revise its proxy filing to briefly discuss the reasons for its recent capital-raise including its initiative to continue reducing its exposure to the beleaguered commercial real estate (CRE) sector.
Source: REUTER