SEC enforcement

State-owned utility Santee Cooper received two subpoenas that appear to focus on a secret assessment report about the foundering project.

Early returns indicate there have been some problems but firms seem to be working through them in complying with the new markup rules, regulators and industry officials said Tuesday.

A muni advisor and his firm defrauded a school district in south Texas, lying to it to gain business and failing to disclose a conflict of interest.

Oyster Bay, New York, is testing the bond market with its first large deal after it was hit with a federal securities fraud lawsuit.

A federal judge found that a former UBS "banking champion" broke the law when he advised customers to use lines of credit to invest in risky closed-end bond funds.

The district sold $206 million of general obligation bonds in April, including a taxable refunding deal.

People involved in the $3.5 billion sale received notices that there would be no enforcement action.

The SEC wants a quick end to its case against former Ramapo, N.Y. town supervisor Christopher St. Lawrence, but St. Lawrence's lawyer wants a federal judge to proceed to trial.

The Lincoln-Way district is in recovery mode from past bond abuses of a previous leader.

The SEC told a federal court that it will not pursue a judgment against the muni advisor firm or its principal unless it appears that the settlement process has stalled.

The Conservative Enterprise Institute sent a letter to the Securities and Exchange Commission.

The pioneer in electronic muni data celebrated its 25th year with a new product that addresses the market's need for best execution.

City officials said consolidating the boards will improve governance and result in stronger fund performance.

The end of the probe was disclosed in offering documents for a $67 million refunding deal.

The SEC action this month against an Oklahoma MA offers helpful guidance for municipal advisors regarding the fiduciary duty of care.

The SEC's case against an MA firm and its officials seems to have hinged on why they were hired.

The firm and its officials changed a city's existing disclosure agreement without telling investors.

The Securities and Exchange Commission has concluded its investigation of the West Contra Costa Unified School District's bond program without any sanctions, the agency announced.

The Securities and Exchange Commission is investigating whether a municipal advisor for Babylon, N.Y. bond financings had a conflict of interest and violated his fiduciary duty by also owning a company that provided the town with workers.

Former Ramapo, N.Y. town supervisor Christopher St. Lawrence is arguing he should either be acquitted or retried because of errors by the judge made before and during the trial as well as prejudice from jurors who found him guilty of 20 counts of conspiracy and fraud in connection with municipal bonds issued by the town and an authority.