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The Securities and Exchange Commission said Monday that it reached an undisclosed settlement with two ex-JPMorgan bankers involved in Jefferson County, Ala.s sewer deals.
October 5 -
The Securities and Exchange Commission ordered 22 municipal securities underwriting firms to pay $4.12 million in civil penalties in the second round of what some lawyers said on Wednesday will be three total rounds of underwriter settlements under the commissions Municipalities Continuing Disclosure Cooperation initiative.
September 30 -
UBS Financial Services of Puerto Rico agreed to pay $34 million to settle charges by the Financial Industry Regulatory Authority and Securities and Exchange Commission that it failed to supervise the suitability of transactions in Puerto Rican closed-end fund shares, as well as a former broker who had customers invest in those CEFs using money borrowed from an affiliated bank.
September 29 -
A bond investors suspicions triggered a municipal bond trustees firing of a vice president but the question remains: what happened to more than $2 million?
September 29 -
The Securities and Exchange Commission has proposed to update its rules for administrative proceedings to provide more flexibility to parties and improve the availability of documents to the public.
September 24 -
Former Internal Revenue Service director Mark Scott is urging the IRS to revoke a private-letter ruling that was favorable for a total return swap, arguing that TRS are [arbitrage scheme[s] that have resulted in hundreds of millions of dollars of illegal tax benefits being stolen.
September 21 -
The North Broward Hospital District in Florida will pay the federal government $69.5 million to settle allegations that it violated the False Claims Act, according to the Justice Department.
September 16 -
Securities and Exchange Commission top cop Andrew Ceresney and a Justice Department official warned legislators on Wednesday that a bill to update the Electronic Communication Privacy Act of 1986 could hurt their enforcement programs.
September 16 -
A federal investigation into loan guarantees made by the Town of Oyster Bay, N.Y. could impact the credit rating of New York's fourth largest township, according to Moody's Investors Service.
September 15 -
Four broker-dealer firms have been ordered by the Financial Industry Regulatory Authority to pay a total of $67,500 for municipal trade reporting and related violations.
September 15