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In parallel actions on Thursday, the Securities and Exchange Commission and the U.S. district attorney for the Southern District of New York filed civil and criminal charges against Ramapo, N.Y., officials for misleading investors in connection with bonds issued to finance a minor league baseball stadium.
April 14 -
Upgrading San Franciscos vulnerable northern seawall to protect against earthquakes and rising sea level could cost $5 billion.
April 13 -
The National Association of Bond Lawyers is calling for the Internal Revenue Service and Treasury Department to revise and re-propose rules that would determine when entities are political subdivisions that can issue tax-exempt bonds.
April 13 -
Maryland legislators have overridden Gov. Larry Hogans veto of a bill requiring ranking of transportation projects.
April 12 -
Securities and Exchange Commission chairman Mary Jo White cited a voluntary municipal continuing disclosure enforcement program for dealer and issuers as one of the commissions successful efforts at deter securities law violations and change market behavior.
April 12 -
The Conroe Industrial Development Corporation in Texas has paid a penalty and agreed to redeem bonds under the Internal Revenue Services voluntary closing agreement program (VCAP) to settle a tax violation relating to bonds it issued in 2008 and refunded in 2012.
April 11 -
Bond Dealers of America is urging the Municipal Securities Rulemaking Board to leave unchanged some rules that relate to the municipal securities markets move to a two- instead of three-day settlement cycle.
April 11 -
Douglass P. Selby will be the new head of public finance at Hunton & Williams, and John ONeill will lead the public-private partnership practice group.
April 8 -
The District of Columbias proposed six-year capital improvements plan includes $6.3 billion in infrastructure spending, nearly $4.3 billion of which will be financed with the issuance of municipal bonds.
April 4 -
The National Development Council is highlighting what it describes as its proven American model for social infrastructure public-private partnerships, which uses tax-exempt bonds.
March 31