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Pensions › Municipalities › Municipal Bonds

Dorsey & Whitney LLP

SEC Brings Another Bond Case Against A State

Dorsey & Whitney LLP on

The SEC’s nationwide review of municipal bond disclosures yielded another enforcement action, this time against the state of Kanas. The Order centers on claims that the state failed to disclose its huge unfunded pension...more

Orrick - Finance 20/20

SEC Updates FAQs Regarding the Municipal Advisor Registration Rules

Orrick - Finance 20/20 on

On May 19, the SEC updated its Frequently Asked Questions Regarding the Municipal Advisor Registration Rules to clarify when the proceeds of pension obligations bonds should be treated as “proceeds of municipal securities.” ...more

Troutman Pepper

Public Officials, Financial Disclosure And A New Era Of Liability

Troutman Pepper on

The Securities and Exchange Commission is making it clear: Government leaders who issue misleading financial information are putting themselves at risk. Several recent actions by the Securities and Exchange Commission...more

Saul Ewing Arnstein & Lehr LLP

Detroit’s unprecedented bankruptcy filing highlights issues facing municipalities nationwide

Saul Ewing Arnstein & Lehr LLP on

The resolution of the City of Detroit’s bankruptcy proceeding may have wide-reaching implications regarding the treatment of general obligation bonds, underfunded pensions and health care obligations, as well as the use of...more

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