Enforcement actions

As bond lawyers meeting in Phoenix discussed current topics in securities law and enforcement on Thursday, one theme that emerged was the importance of a smart response to SEC inquiries.

Municipal bond market experts want clarification from the IRS on a few regulations and expect the agency to move ahead with its new data driven audit process.

The Municipalities Continuing Disclosure Cooperation Initiative may have muddied some waters.

BOKF is trying to persuade a judge to dismiss a muni complaint the bank says lacks a legal basis.

Enforcement actions are generally terminated when firms have remedied underlying problems.

Fidelity Brokerage Services and Frazier Lanier are to pay $80K to settle FINRA muni charges.

Dwayne Edwards and the entities he controlled are arguing the SEC’s arguments against them for fraud are based on inaccurate information.

The SEC has announced a settlement with an Arizona-based brokerage firm, its chief executive officer, and its former underwriter's counsel and head of investment banking over charges related to fraudulent municipal bond offerings related to Atlanta businessman Christopher Brogdon.