WASHINGTON — The Securities and Exchange Commission is moving forward with a sweeping but informal inquiry into the manner in which Miami presented its financial condition in offering documents for bonds issued in 2007.

In a letter sent Friday by two senior SEC staff attorneys to the city, the commission asked for Miami officials by Dec. 23 to voluntarily turn over documents from October 2006 through the present, as well as information on the transfer of money slated for capital projects to the city's general fund, according to market participants who have seen the letter.

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