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Enforcement Compliance Municipalities

WilmerHale

NYC Soon To Enforce AI Bias Law, Other Jurisdictions Likely to Follow

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New York City’s Department of Consumer and Worker Protection (DCWP) is expected to begin enforcing the City’s novel artificial intelligence (AI) bias audit law on July 5, 2023. This law prohibits the use of automated decision...more

Harris Beach PLLC

Lifting the Fog Over Lobbying Compliance

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Last year, new lobbying regulations took effect in New York state that expanded the scope of lobbying and caused some confusion. This year, the New York State Joint Commission on Public Ethics (JCOPE) has promised to provide...more

Burr & Forman

SEC Approves Supervision & Compliance Rule for Municipal Advisors

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The SEC last week approved new MSRB Rule G-44 implementing supervision and compliance requirements for municipal advisors. The MSRB touted the Rule as “its first dedicated rule for municipal advisors” under the Dodd-Frank...more

Miller Canfield

SEC Municipalities Continuing Disclosure Cooperation Initiative: Should A Bond Issuer Self-Report?

Miller Canfield on

Municipal securities issuers have the opportunity to self-report material misstatements in official statements regarding prior compliance with continuing disclosure undertakings under a new initiative introduced by the...more

Dickinson Wright

The Dodd-Frank Act And Municipal Advisor Rules

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The Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) was signed into law by President Obama on July 21, 2010. The Dodd-Frank Act was enacted in response to the financial crisis that began in...more

Sherman & Howard L.L.C.

Two More Municipal Fraud Cases From the SEC

July 2013 was a big month for the Securities and Exchange Commission (the "SEC") in its quest to increase enforcement in the municipal market. On July 19, 2013, the SEC charged the City of Miami, Florida ("Miami"), and its...more

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