Justice Department antitrust prosecutor Rebecca Meiklejohn and Internal Revenue Service agent Michael Okubo gave bond lawyers an indepth look at the investigations and prosecutions of convicted bid riggers, urging them to be more careful about looking for red flags that suggest laws are being violated in bond transactions.

The panel, chaired by Hawkins, Delafield & Wood LLP’s Howard Zucker, featured audio and visual evidence presented at the trials of broker-dealers and bankers convicted of defrauding issuers and the IRS by rigging bids for muni investment contracts.

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