Far West

A federal appeals court recently agreed with a lower court that former Miami budget director Michael Boudreaux does not have immunity from Securities and Exchange Commission charges, a decision some experts think could have implications for the SEC's Municipalities Continuing Disclosure Cooperation initiative or other enforcement actions going forward.

An attorney representing defendants in a Victorville, Calif. bond fraud lawsuit pleaded guilty in a separate case to charges of money laundering and witness tampering.

A federal banking rule that doesn't classify municipal bonds as high-quality liquid assets needs to be reworked to ensure it won't impede critical infrastructure development, Sen. Chuck Schumer told regulators on Tuesday.

The state of California is planning to sell $110 million of general obligation bonds for the state's Department of Veterans Affairs mortgage loan program in a competitive offering on Thursday.

The National Association of Bond Lawyers has many ongoing projects, including completing an analysis of the long-term implications of a self-reporting disclosure enforcement program, commenting on the SEC's 2012 municipal market report, and providing regulators with its views on tax issues, said its incoming president Antonio "Tony" Martini.

The San Francisco Airport Commission is expected to sell $481 million of revenue bonds Tuesday to finance and refinance new capital projects at the airport.

A court ruling striking down a vote by hoteliers approving a bed tax for a planned San Diego convention center expansion demonstrates the power of Proposition 13, Fitch Ratings said in a report.

City, state, and school officials gathered Friday to celebrate San Jose, Calif. and Santa Clara Unified School District's joint $80 million purchase of state-owned land.

Two ex-JPMorgan bankers shouldn't be allowed to give statements six years after taking the Fifth Amendment in the Jefferson County, Ala., sewer bond and swap case, the SEC says.

The judge in the San Bernardino bankruptcy case tentatively ruled Thursday that the city could reject its current collective bargaining agreement with the firefighter's union.