Kara Scannell of the WSJ reports that securities regulators, broadening their review of Wall Street’s role in the mortgage industry, have asked several brokerage firms for information about the marketing and sale of mortgage-related products, specifically those sold to individual investors.

The Financial Industry Regulatory Authority, Wall Street’s self-regulatory body, last month sent letters to firms asking for documents, including marketing materials, a list of supervisory policies and procedures, and descriptions of how collateralized mortgage obligations were valued, according to a copy of the letter reviewed by The Wall Street Journal.

The letters were sent to more than a dozen brokerage firms believed to be involved in the CMO market, one person familiar with the matter said. It is unclear which brokerage firms received the letter.

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