SEC enforcement

Statutes of limitation will be the main obstacle, observers say.

The SEC failed to ensure that issuers and obligated persons are able to readily comply with the new requirements.

Key SEC officials responsible for muni rulemaking and enforcement said they don't feel disclosure has been adversely impacted due to fears stoked by the Municipalities Continuing Disclosure Initiative.

SEC and MSRB officials responded to the concerns and frustrations of bond lawyers who were meeting in Chicago.

A Carlsbad, Calif.-based San Diego-based firm, Eric Hall & Associates, is accused of being unregistered when it served as municipal advisor to a school district.

The fallout from a 2017 federal fraud case is continuing to impact bond investors with the latest development involving the loss of tax-exempt status for bonds that were issued for two assisted living facilities in Georgia.

The SEC is sorting out those charged with engaging in a large multi-year "flipping" and kickback scheme.

James J. O'Neil received a 12-month suspension from the market for his role in the flipping and kickback scheme.

The now-defunct unregistered broker-dealer Core Performance Management, LLC, and four of its former employees settled fraud and MSRB rule violations with the SEC for engaging in municipal bond flipping and kickback scheme.

They are accused of improperly diverting newly issued municipal bonds to certain broker-dealers for a fee at the expense of retail investors.