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Washington - Securities Law
SEC Doubles Muni Enforcement Actions in Fiscal 2012 From Previous Year
by: Lynn Hume
Wednesday, November 14, 2012
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The Securities and Exchange Commission filed 17 municipal securities-related enforcement actions during the fiscal year that ended Sept. 30, more than twice the number filed in fiscal 2011, the commission announced yesterday.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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