St. Louis-based broker-dealer L.J. Hart & Co. was censured and paid a $200,000 fine to settle FINRA charges that it improperly gave more than $183,000 in sports tickets to issuer clients

A federal judge has issued an order for mediation between the City of Miami, Fla. and the Securities and Exchange Commission, a step the SEC said is required for its securities fraud case against the city and its former budget director.

For the first time in four years, Miami has a budget without declaring a fiscal emergency but the city faces legal hurdles, including a federal lawsuit filed by the SEC.

Elaine Greenberg, former chief of the Securities and Exchange Commission’s municipal securities and public pension unit, made her private-sector speaking debut after joining Orrick.

Bond lawyers need to tell federal tax regulators what aspects of the proposed issue price rules are unworkable and then recommend alternatives or fixes, a Treasury Department official said Wednesday in Chicago.

The National Association of Bond Lawyers is working on projects aimed at shedding more light on the varying strength of general obligation bond pledges, as well post-issuance tax and disclosure compliance, NABL president-elect Allen Robertson said in a recent interview.

Elaine Greenberg, former chief of the Securities and Exchange Commission's municipal securities and public pensions enforcement unit, has joined the Orrick, Herrington & Sutcliffe LLP's office here, the firm announced Monday.

The Nebraska Public Power District has agreed to pay $350,000 to the Internal Revenue Service to settle a tax law dispute regarding $50.36 million of Build America Bonds it issued in 2009.

A Financial Industry Regulatory Authority arbitration panel has ruled against The Police and Fire Retirement System of the City of Detroit, which was seeking at least $39.9 million from Citigroup Global Markets, Morgan Stanley Dean Witter and other firms over risky investments.

The sentencing of former UBS banker Mark Zaino, who pleaded guilty of municipal bond bid-rigging, was rescheduled to Oct. 24 in a New York federal court.

The Financial Industry Regulatory Authority fined three firms and one individual a total of $87,500 for violating pricing, trade reporting and other muni violations, with Tradition Asiel Securities accounting for $80,000 of that.

The Securities and Exchange Commission has charged the operator of Miami-Dade County, Fla.'s largest hospital with defrauding investors by failing to disclose its financial woes prior to an $83 million bond offering.

A tax-exempt bond advisory panel to the Internal Revenue Service has recommended that the agency publish three documents to provide guidance to issuers of small governmental bond issues and conduit borrowers of small 501(c)(3) nonprofit bond issues about complying with arbitrage rebate and yield restriction requirements.

The Securities and Exchange Commission, Miami, Fla., and the city's former budget director agree they are unlikely to settle a bond-related securities fraud case and that the trial will be lengthy, according to a joint scheduling report they filed with a federal court in Miami.

The SEC will investigate the Rhode Island Economic Development Corp.’s $75-million loan guarantee to video-game company 38 Studios, the agency confirmed.

The Internal Revenue Service is auditing $604.14 million of general obligation limited tax bond bank bonds that were issued by Clark County, Nev., in 2006.

Securities and Exchange Commission member Daniel Gallagher has sworn to take up the cause of municipal market reform at the SEC, accepting the baton from Elisse Walter, who recently left the commission.

One of the first jail bond deals the Internal Revenue Service ever audited, a Texas transaction that that appears to have prompted IRS reviews for dozens of similar deals, may be headed for settlement.

The Financial Industry Regulatory Authority announced Thursday that it has fined Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. LLC $1 million and ordered the company to pay $188,000 in restitution plus interest for violations of municipal and corporate bond rules.

The Financial Industry Regulatory Authority fined four firms and two individuals a total of $270,000 for violations of municipal securities rules, FINRA announced this month.