Far West

The Securities and Exchange Commission's recent enforcement action against Miami, Fla. signals the commission's seriousness about both upholding prior cease and desist orders and holding public officials accountable, market participants said.

The Alaska Student Loan Corporation is challenging the Internal Revenue Service's decision that $529.1 million of education loan revenue bonds are not tax exempt.

Standard & Poor's analysts lauded Hawaii for passing laws to prefund retirement liabilities, but also cautioned that the changes might be harder to maintain during lean economic years.

A California state judge denied the state's motion to dismiss a lawsuit over its cancelled deal to sell 11 state-owned buildings to private investors.

Gonzaga University postponed a $47.5 million taxable revenue bond deal saying it plans to wait for market conditions to firm.

Oregon received the highest short-term ratings from the credit rating agencies ahead of its $643 million tax anticipation notes sale next week.

San Diego Mayor Bob Filner's former communications director filed a sexual harassment lawsuit against the city evoking bipartisan calls of resignation from two city councilmembers.

The Internal Revenue Service's Office of Appeals is recommending that the agency issue a new determination letter in order to reinstate the tax exemption of approximately $8.5 million charter school project revenue bonds issued for the LEAP Academy University Charter School in 2003.

The Port of Oakland approved a litigation settlement agreement that extends lease agreements that were set to expire in 2016-17 on several cargo terminals.

Fitch Ratings has revised Washington State's outlook to stable from negative citing improved economic and revenue performance.