The Louisiana State Bond Commission rejected a settlement with the Justice Department March 20 that would have resolved a federal housing discrimination suit.

The sentencing dates for convicted bid riggers Brian Zwerner, Douglas Goldberg, and Daniel Naeh have been delayed again.

It didn't take long for several broker-dealers to start selling small denominations of Puerto Rico $3.5 billion of general obligation bonds to retail investors in violation of a requirement in the official statement and municipal securities rules.

The Financial Industry Regulatory Authority fined OFS Securities, Inc. in San Juan, Puerto Rico $40,570 and ordered it to pay more than $13,278 in restitution for buying the territory's bonds for its own account and then selling them to customers at prices with excessive markups.

Federal Judge Kimba Wood, who imposed $5.6 million in fines and restitution on municipal bond bid-rigger David Rubin, called prison unwarranted for the founder of CDR Financial Products.

A federal judge sentenced CDR Financial Products Inc. founder David Rubin to two years' probation and ordered him to pay a combined $5.65 million in fines and restitution for his role in rigging bids for municipal bond contracts.

A federal judge has ordered seven defendants to disgorge millions in ill-gotten gains and imposed other administrative penalties stemming from a pay-to-play case involving the New York State Common Retirement Fund.

The Securities and Exchange Commission on Monday announced an initiative to encourage issuers and underwriters of municipal securities to self-report certain violations of the federal securities laws rather than wait for their violations to be detected.

The sentencing of municipal bond bid-rigger David Rubin has been postponed to 3:30 p.m. March 12.

The sentencing of CDR Financial Products founder David Rubin for his role in muni bond bid-rigging has been postponed from Thursday to 11 a.m. Friday in New York.

Justice Department lawyers have filed new documents to support their argument that convicted bid-rigger David Rubin should face a stiff penalty for his crimes because the kickbacks he received as part of the scheme caused real loss to municipal issuers.

Seven firms have been ordered to pay a total of $68,500 in fines and $16,088 in restitution for municipal trade, disclosure, pricing and supervisory violations, according to the Financial Industry Regulatory Authority's monthly disciplinary actions released Tuesday.

Rhode Island officials and a federal mediation panel late Friday announced a settlement in lawsuits that challenged the state's 2011 pension overhaul law, but state lawmakers must still approve it.

The on-again, off-again Rhode Island pension lawsuit settlement announcement is on again, according to a federal mediation agency.The on-again, off-again Rhode Island pension lawsuit settlement announcement is on again, according to a federal mediation agency.

A federal agency called off a settlement announcement regarding the lawsuit challenging Rhode Island's pension overhaul law, while a judge set a September trial date.

The Financial Industry Regulatory Authority has received dozens of filings for arbitration investors who say they were harmed by unsuitable advice doled out by UBS Financial Services of Puerto Rico when the market for the commonwealth's bonds declined.

Former Bank of America executive Phillip Murphy pleaded guilt Monday in a North Carolina federal court to rigging municipal bond investment bids, while convicted bid-rigger Mark Zaino's sentencing has been delayed yet again in New York.

The Securities and Exchange Commission's fraud case against Miami and its former budget director Michael Boudreaux is on hold pending Boudreaux's appeal of the court's decision to invalidate his effort to claim immunity from the lawsuit.

Convicted bid-rigger Michael Welty and two co-defendants are moving for a new trial, claiming the government suppressed evidence in the form of an email that could have allowed Welty to challenge some of the government's claims against him.

Convicted bid-rigger David Rubin should pay more than $11,5 million in restitution to 99 municipal victims who have not been compensated for losses they incurred due to "kickbacks" and depressed interest rates resulting from criminal activity, according to U.S. Justice Department filings with a federal court this week.