A bond issue (a debt obligation of a local government) is often perceived as a mystery for many Pennsylvania local government officials and solicitors. The securities and tax regulations governing municipal bonds have grown...more
1/17/2024
/ Bondholders ,
Bonds ,
Consumer Protection Act ,
Credit Enhancements ,
Disclosure Requirements ,
Dodd-Frank ,
Fiduciary Duty ,
Income Taxes ,
Interest Rate Swaps ,
MSRB ,
Municipal Bonds ,
Public Meetings ,
Reimbursements ,
Securities ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Trustees
Since September 2021, the United States Securities and Exchange Commission (the SEC) has brought five enforcement actions regarding municipal bond financings. The issuers of these bonds are Sweetwater Union High School...more
The Securities and Exchange Commission (SEC) recently charged two chief financial officers of school districts with misleading investors in municipal bond offerings. This should be a warning to municipal CFOs to be very...more