- Texas
Texas Attorney General Greg Abbott reached a settlement with Houston-area financial advisor R. Craig Rathmann, accused of colluding with RBC Capital Markets to limit competition on bond deals for municipal utility districts.
October 14 -
Inspections of municipal advisors will be low-stress and MAs will be notified in advance before seeing any Securities and Exchange Commission personnel at their doors, members of the SEC's Office of Compliance Inspections and Examinations told non-dealer advisors.
October 14 -
UBS has agreed to compensate 34 Puerto Rico-based investors for their losses in investments in their municipal bond closed ended funds.
October 10 -
Municipal issuers need to understand the thinking inside the Securities and Exchange Commissions enforcement division, take steps to protect themselves, and think about whether fundamental changes to muni market regulation might be in their best interests, said former SEC lawyer Peter Chan.
October 7 -
Broker-dealers who voluntarily reported disclosure missteps under the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation initiative shouldn't just sit around waiting for the SEC to make contact.
October 6 - Texas
Texas Attorney General Greg Abbott announced settlement of an investigation of anticompetitive activities involving underwriting fees paid by municipal utility districts in the Houston area.
October 3 -
Peter Chan, the architect of the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation initiative, will join Morgan, Lewis & Bockius as a partner in the firm's Chicago office, it announced Thursday.
October 2 -
Three municipal securities regulators plan to hold the first Compliance Outreach Program for Municipal Advisors in Chicago on Nov. 3 and are asking folks to register for it.
October 1 -
Issuers battling dealer firms over the right to seek arbitration to settle disputes over auction rate securities are planning to take their case to the Supreme Court now that a federal appeals court has ruled against them.
September 24 -
The Securities and Exchange Commission has charged Barclays Capital Inc. with failing to maintain an adequate internal compliance system after it acquired the advisory business of Lehman Brothers in September 2008.
September 23