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Private vs. Public Infrastructure Funding Debate Continues

Speculation continued this week in Washington, D.C. on infrastructure funding plans, with municipal bonds being discussed during a panel at the National Association of State Treasurers 2017 Legislative Conference, according...more

Mello-Roos Act Can Lawfully Finance Eminent Domain Actions

California Appellate Court Affirms Public Water District's Action to Buy Private Water Company - The Mello-Roos Act can be used to finance acquisitions by eminent domain, the Second District Court of Appeal affirmed in a...more

4/21/2015

SEC Took Three Actions Against U.S. Municipal Issuers in 2013. Time for Annual Disclosure Policy Update?

2013 was an active year for the Securities Exchange Commission in the municipal marketplace. The SEC took three actions in 2013 against issuers relating to disclosure and their relationship with the municipal marketplace....more

Harrisburg Charged With Securities Fraud - Securities and Exchange Commission Says City Made Misleading Financial Statements

The inclusion of the public statements of an elected official in allegations of securities fraud could change the traditional relationship between the politicians and their constituency versus issuers and the bond market....more

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