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The National Federation of Municipal Analysts final best practices on charter school disclosures suggests schools can use links to websites for certain information.
By Jack CaseyMarch 20 -
Amie Riggle Berlin, the SECs lawyer who handled its case against Miami and Michael Boudreaux, explained the important aspects of a reliance on professionals defense and the need for issuers to stay truthful in their offering documents during a conference panel.
By Jack CaseyMarch 17 -
Market participants gathered at The Bond Buyer and Bond Dealers of Americas National Municipal Bond Summit expressed concerns with the broad nature of the SECs proposal to add two material events to Rule 15c2-12 that would also emphasize the need to make materiality determinations.
By Jack CaseyMarch 16 -
The SEC wants a Puerto Rico federal court to agree that Jose Ramirez, a former UBS Puerto Rico employee, engaged in a scheme to defraud investors in closed-end funds with large investments in Puerto Rico bonds.
By Jack CaseyMarch 14 - Puerto Rico
The House Natural Resources Committee, which played a key role in creating PROMESA, will hold a hearing in one of its subcommittees on March 22 to discuss PREPAs restructuring support agreement.
By Jack CaseyMarch 13 -
Five firms have agreed to pay a total of nearly $920,000 to settle separate rule violations related to municipal securities.
By Jack CaseyMarch 13 - Puerto Rico
The House Financial Services Committee and Senate Banking Committee both approved companion bills that would end a legal loophole that lawmakers allege allowed broker-dealers to defraud Puerto Rico investors have received committee approval and are now pending before the House and Senate.
By Jack CaseyMarch 10 -
Lawyers gathered at NABLs Tax and Securities Law Institute on Friday said a carve out in the MSRBs recent clarification on requiring CUSIPs for private placements would be beneficial to the market.
By Jack CaseyMarch 10 -
Lawyers at NABLs TSLI conference on Thursday said that while the SECs proposed amendments to its list of material events are well-meaning, they would be burdensome for issuers dealing with the numerous new disclosure obligations.
By Jack CaseyMarch 9 -
The Senate Banking Committees scheduled hearing on Jay Claytons nomination is expected to include some questions from Democrats on Claytons ties to Wall Street and ability to protect investors.
By Jack CaseyMarch 8