Macquarie Group is entangled in civil charges with the US Securities and Exchange Commission over a subsidiary's role in the management of a US$1.6 billion mortgage-bond deal called Delphinus CDO 2007-1. The Wall Street Journal
reported on the case on Friday.
The SEC intends to file charges against firms and people involved in the creation of the CDO, the WSJ reported.
The newspaper reported that those likely to face civil charges are Mizuho Financial Group and one of its employees.
Delaware Investments of Philadelphia and one of its employees may also face civil charges, a fact confirmed by an undated notice that features on the front page of Delaware's website.
Macquarie bought Delaware, a fixed-income fund manager, in late 2009.