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Through June 30, BAM insured 11 transactions with par of $100 million or more, with four more deals coming since then, the company said.
Auditor General Frank Mautino said the delay was due largely to $1.2 billion erroneously collected from pharmaceutical companies that had to be addressed.
Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.
The $137,500 fine for allegedly violating MSRB Rule G-27 was part of a $275,000 total fine imposed.
With Chicago-area transit's fiscal cliff looming, the area's transit agencies are searching for revenue fixes and prepping for two key milestones this fall.