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Peter Cannava is fighting the Securities and Exchange Commissions attempt to put him back into its lawsuit over 38 Studios private placement by trying to amend the complaint to include more details about his alleged aiding and abetting the defrauding of investors.
By Jack CaseyOctober 3 -
The Municipal Securities Rulemaking Board is proposing amendments that would outline minimum standards for municipal advisors' continuing education requirements.
By Jack CaseySeptember 30 -
As the new chair of the Municipal Securities Rulemaking Board on Oct. 1, Colleen Woodell hopes the board will begin new initiatives on syndicate practices and pre-trade price transparency during her one-year term.
By Jack CaseySeptember 30 -
The Securities and Exchange Commission has voted to propose an amendment to one of its rules that would shorten the standard settlement cycle for most bond and other securities transactions to two instead of three days after the trade date.
By Jack CaseySeptember 28 -
The National Federation of Municipal Analysts is urging charter schools to provide detailed financial, academic, and staffing information in primary and secondary disclosure documents.
By Jack CaseySeptember 28 -
The Municipal Securities Rulemaking Board proposed on Tuesday to create a standalone minimum denomination rule that would revise current and proposed requirements because of dealer complaints.
By Jack CaseySeptember 27 -
The Municipal Securities Rulemaking Board has improved its EMMA system to make it easier for issuers to disclose bank loans and other alternative financings after state and local officials complained the process was too confusing and seemed to lose some of these disclosures.
By Jack CaseySeptember 26 -
Dealers are struggling with how to comply with the Municipal Securities Rulemaking Boards proposed markup disclosure requirements and whether they can create computer programs or rely on pricing services for compliance.
By Jack CaseySeptember 22 -
Municipal market participants at The Bond Buyer's California Public Finance Conference shared concrete examples of how disclosure is improving in the wake of the Securities and Exchange Commission's continuing disclosure voluntary enforcement initiative.
By Jack CaseySeptember 21 -
Stark Municipal Brokers and Performance Trust Capital Partners have agreed to pay a combined $25,000 over reporting violations uncovered by the Financial Industry Regulatory Authority and a former chief executive officer of an Atlanta-based securities company has agreed to be barred from the market in a FINRA action that involves alleged securities fraud.
By Jack CaseySeptember 19