The U.S. Securities and Exchange Commission (SEC) announced on Jan. 10, 2017, that the Port Authority of New York and New Jersey (Port Authority) agreed to admit wrongdoing and pay a $400,000 penalty in connection with...more
1/13/2017
/ Bond Markets ,
Bonds ,
Cease and Desist Orders ,
Civil Monetary Penalty ,
Disclosure Requirements ,
Enforcement Actions ,
Financial Markets ,
Investment ,
Municipal Bonds ,
Negligence ,
Port Authority ,
Public Finance ,
Securities ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Tax-Exempt Bonds ,
Transportation Industry
The Securities and Exchange Commission (SEC) on July 29, 2013 charged a school district in Indiana and its municipal bond underwriter with falsely stating to bond investors that the school district had been properly providing...more
On Monday, May 6, 2013, the Securities and Exchange Commission (SEC) charged the city of Harrisburg, Pennsylvania with securities fraud "for its misleading public statements when its financial condition was deteriorating and...more