-
Moodys Investors Service withdrew its credit rating for the Town of Ramapo, N.Y. after it failed to provide audited financial statements for the 2015 fiscal year.
February 2 -
Phoenix-based Lawson Financial Corp. had its Financial Industry Regulatory Authority membership revoked and its CEO and president was barred from the industry after FINRA found they fraudulently sold millions of dollars of municipal revenue bonds.
February 2 -
Two Puerto Rico residents are firing back at UBS, saying the firm's challenge in federal court of an $18 million Financial Industry Regulatory Authority arbitration award over losses in Puerto Rico bonds is "a hopeless and baseless attempt at an unwarranted do over."
February 1 -
Financial advisor Hilltop Securities Inc. formerly First Southwest has agreed to pay $16 million to settle the lawsuit Rhode Island Commerce Corp. brought in the wake of the failed 38 Studios deal.
February 1 -
A federal judge has denied former Miami budget director Michael Boudreaux's motion for a new trial after a jury found him guilty of securities fraud for misleading municipal bond investors, but he is still exploring options for appeal, his lawyer said.
January 31 -
Marc Wyatt, director of the Securities and Exchange Commissions Office of Compliance Inspections and Examinations, plans to leave the SEC next month to return to the private sector, the commission announced on Monday.
January 30 -
The Securities and Exchange Commission and three defendants allegedly involved in a pay-to-play scheme to steer billions of dollars of business from a New York pension fund to certain firms have agreed to ask a federal court to stay the civil case resulting from the charges while two criminal cases moves forward.
January 27 -
The Securities Exchange Commissions regulatory and enforcement workload may be slowed or stalled now that it is down to only two commissioners, one Democrat and one Republican, said observers.
January 27 -
The Securities and Exchange Commissions former director of enforcement Andrew Ceresney will rejoin Debevoise & Plimpton in early March after stepping down from his federal role at the beginning of the year, the firm announced in a statement.
January 24 -
The Securities and Exchange Commission is asking a federal court judge to deny former Miami budget director Michael Boudreauxs motion to vacate a verdict that found him guilty of securities fraud, saying the former officials arguments are meritless and do not meet the high burden required for such action.
January 23