SAN ANTONIO — Attorneys must read transaction documents carefully and think before signing them, Securities and Exchange Commission officials warned Thursday, citing an ongoing enforcement case against Stifel Nicolaus & Co. and one of its former executives.

“Be careful what you get your clients into,” Mark Zehner, deputy director of the SEC’s muni and public pension enforcement unit, told those attending the National Association of Bond Lawyers’ Bond Attorneys’ Workshop here. He spoke during a panel discussion about current issues in municipal securities law.

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