BREAKING NEWS!  SEC Fines 36 Underwriting Firms $9.3 Million for Fraudulent Bond Offerings Under MCDC

BREAKING NEWS! SEC Fines 36 Underwriting Firms $9.3 Million for Fraudulent Bond Offerings Under MCDC

BREAKING NEWS: Just this morning, the SEC announced settlement with 36 underwriting firms – for a total of $9.3 million (see below for detail) – for offerings which they disclosed under the MCDC Initiative.

Underwriters Talk MCDC Fears, Illinois – Fascinating Chapter 9 Report and Wayne County Has Wild Ride

Underwriters Talk MCDC Fears, Illinois – Fascinating Chapter 9 Report and Wayne County Has Wild Ride

As a followup on our MCDC focus last week – we’ll take a look at the Underwriter’s perspective today. Also, take a peek at the “Top five” report in the article on Illinois Chapter 9…and Wayne County has a Wild Ride!

Remember to sign up for the IRS Webcast: QSCBs on June 18, 2015 – see link in Out & About!

Issuers and SEC Go Head-to-Head on MCDC at GFOA, MSRBs Report on Continuing Disclosure and Fraudsters Lose – Big Time

Issuers and SEC Go Head-to-Head on MCDC at GFOA, MSRBs Report on Continuing Disclosure and Fraudsters Lose – Big Time

Many Issuers were at the GFOA Annual Conference last week, so we will focus on a few key items discussed there, namely our friend – the MCDC Initiative – and Fraud Enforcement. Remember to sign up for the IRS Webcast:  QSCBs on June 18, 2015 – see...
Gold, Silver…or Asphalt?!?  What’s in YOUR Pension Fund?  Chicago Get’s Bond Deal Done, IRS – Do More With Less…and More

Gold, Silver…or Asphalt?!? What’s in YOUR Pension Fund? Chicago Get’s Bond Deal Done, IRS – Do More With Less…and More

Gold, Silver…or Asphalt?!? What’s in YOUR Pension Fund? Chicago Get’s Bond Deal Done, IRS – Do More With Less, HTF Still Hanging By a Thread – and Projects Cancelled, Cook County Feeling the Squeeze after Chicago…