Enforcement

A tale of two bond-financed fertilizer projects in the Midwest -- how one is thriving with the IRS' blessing on the bonds and the other is at a virtual standstill and in a dispute with the tax regulator.

The decision impacts $1.26 billion of economic development revenue and refunding bonds issued by the company, which said it is considering its response to the IRS.

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.

New York State’s fourth largest township already carries the lowest-possible investment grade rating from Moody’s Investors Service.

The SEC is investigating after the school district's bond management practices were questioned in an audit.

Navnoor Kang, the former director of fixed income for the New York State Common Retirement Fund, has pleaded guilty to criminal fraud charges.

The former mayor of Markham, Ill., solicited and received a $75,000 bribe from a contractor in return for giving him work on a bond-financed project.

The land swap is one of the obstacles that must be cleared to build Wayne County a new jail at a new site.

The SEC went into its expanding toolbox to bring fraud charges against Oyster Bay, N.Y., and its former top elected official for hiding the existence and potential impact of side deals with a businessman.

SEC takes stock of fiscal 2017 in enforcement and finds 4% of its cases were public finance-related.