Far West

BRADENTON, Fla. — The Securities and Exchange Commission has approved a distribution plan allowing ­Jefferson County, Ala., to receive a $25 million disgorgement and civil penalty that ­JPMorgan paid into a “fair” fund to compensate harmed investors and issuers.

WASHINGTON — Four former Financial Industry Regulatory Authority officials who left the agency in 2008 each received between $2.74 million and $4.43 million in reportable compensation and benefits that year, according to the latest form the nonprofit self-regulator filed with the Internal Revenue Service.

ALAMEDA, Calif. — The Securities and Exchange Commission is investigating bonds issued by the city of Bell.

SAN FRANCISCO — Government borrowing has a central role in the ­Oregon race for treasurer after incumbent Ted Wheeler took a stand against general obligation bond sales amid the state’s dire economic outlook.

WASHINGTON — The District of Columbia’s long-delayed convention center hotel project will finally move forward Tuesday with a $248.4 million bond deal that will allow construction to begin next month.

States have ramped up their clean-energy programs, incorporating more bonds and bond-related financing options, since 2008, according to information compiled by the National Governors Association.

The Financial Industry Regulatory Authority has fined four firms a total of $62,000 for errors in the reporting of municipal securities transactions, including $25,000 against Goldman, Sachs & Co., the self-regulator announced in monthly disciplinary decisions released Friday.

SAN FRANCISCO — California’s first public-private project got a $1.1 billion boost from the recently passed state budget, which will fund construction of a new six-lane roadway linking San Francisco and the Golden Gate Bridge.

WASHINGTON — A professional group of accountants is asking the Internal Revenue Service to give large nonprofit hospitals a grace period of at least three years to fix any tax compliance problems that could jeopardize their tax-exempt status.

Most municipal analysts bristle at the claim that California will “become the next Greece.”