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The Securities and Exchange Commission's requested fiscal year 2016 budget of $1.722 billion would allow the commission to hire hundreds of examination staff and step up enforcement, as well as help the muni office coordinate with self-regulators.
February 3 -
Ex-JPMorgan bankers have asked a federal judge to dismiss federal pay-to-play charges related to the sewer deals that helped push Jefferson County, Ala., into bankruptcy.
February 3 -
Clarke Howatt, the California agency finance director wanted in connection with the disappearance of $1.3 million in bond proceeds has resigned
February 2 -
As if bond rating downgrades, a $50 billion unfunded pension liability and teetering school districts werent enough, Pennsylvania must wrestle with more political scandal as its treasurer resigns to plead guilty after a federal investigation.
February 2 -
The Securities and Exchange Commission has filed a motion for summary judgment in its securities fraud case against two former JPMorgan bankers involved in Jefferson County's sewer deals and swaps.
January 30 -
Two former Allen Park, Mich. officials have settled a Securities and Exchange Commission lawsuit against them by agreeing to be barred from involvement in any future municipal bond offerings, and ex-Mayor Gary Burtka agreed to pay a $10,000 civil penalty, according to court documents filed Wednesday.
January 28 -
A federal judge ordered the former comptroller of a Harvey, Ill., to pay more than $200,000 in fines and barred him from participation in any future municipal issues for his role in misleading investors on several of the south Chicago suburb's past bond offerings.
January 28 -
Bondholders will learn later this month how much they stand to recoup from a settlement that ended a trial accusing Morgan Keegan & Co. Inc. of misleading them on a bond deal that soured after the failure of an artificial sweetener plant project in Moberly, Mo.
January 15 -
The Financial Industry Regulatory Authority has fined and censured New York-based Gates Capital Corporation $25,000 for failing to report variable rate demand obligation interest rate resets on time.
January 15 -
A settlement was announced Wednesday to end a federal civil trial stemming from a bond default triggered by the collapse of an artificial sweetener plant project in Moberly, Mo; the former Morgan Keegan & Co. Inc. was among the defendants.
January 14