JPMorgan Chase & Co. and Wells Fargo will pay municipal bond issuers a total of nearly $78 million to settle a civil class-action lawsuit claiming the banks manipulated bidding for guaranteed investment contracts.
A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY