36 BDs to Pay SEC $9M for Muni Bond Underwriting Failures
Raymond James, Merrill Lynch and Goldman Sachs were among the firms fined.
Dishonest Services: SEC’s Fight Against Public Corruption
We often think of laws to combat corruption as anti-bribery and anti-kickback laws. But the SEC is increasingly using securities fraud laws as a tool.
SEC Sanctions Schwab, TD Ameritrade, 11 Others on Puerto Rican Junk Bond Sales
The SEC Monday sanctioned 13 firms under MSRB's minimum investment rule intended to keep retail investors out of higher-risk offerings.
SEC Imposes First Advisor Pay-to-Play Fine
The SEC fined a Philadelphia firm for collecting advisory fees from public pension funds after a firm associate donated to political candidates.
SEC to Muni Violators: Self-Report, or Face Tougher Sanctions
The SEC on Monday encouraged issuers and underwriters of municipal securities to self-report violations under a new continuing disclosure initiative.
Head of SEC’s Municipal Securities, Public Pensions Unit Resigns
The SEC announced Friday that Elaine Greenberg is leaving the SEC after 25 years to join the private sector.
SEC Charges Illinois With Pension Funding Fraud
The SEC on Monday charged the state of Illinois with securities fraud for misleading municipal bond investors about the state’s approach to funding its pension obligations.