-
Whistleblower Johan Rosenberg has alleged that the conspiracy cost issuers over $1 billion — $719 million in California, $349 million in Illinois, and $134 million in Massachusetts.
April 4 -
The SEC now has a stronger card to play when pursuing an enforcement case, lawyers said.
April 3 -
Cannava argues that emails, witness statements, and other evidence cast doubt on the SEC's claims that he acted recklessly.
April 2 -
Former college official Keith Borge was charged Thursday with defrauding municipal securities investors and concealing the school’s crumbling finances.
March 29 -
A former municipal advisor accused of billing a city thousands of dollars for services it did not receive is now facing criminal fraud charges.
March 28 -
Ahmed Abonamah, a senior counsel to the director in the SEC’s Office of Municipal Securities, told the National Muni Bond Summit SEC Chair Jay Clayton has concerns about the timeliness of issuers’ financial information disclosure.
March 27 -
The lawsuit filed in federal court is now the second national suit alleging fraud in the variable-rate debt market.
March 27 -
Mid-size issuers may be experiencing the greatest impact, with one municipality even reporting that an underwriter withdrew a bid over a disclosure requirement.
March 26 -
A Chicago area broker-dealer agreed to pay a $25,000 to settle FINRA charges that it relied on alternative trading systems and failed to maintain its own risk-management controls.
March 25 -
The new amendments would increase transparency and equal access to information, the MSRB said.
March 21