Securities law

The legal teams for Baltimore and Philadelphia asked the court to reject the banks’ plausibility argument as well as their claim that the suit is barred by a four-year statute of limitations.

Ernesto Lanza will be leaving his position at Clark Hill to go to the SEC's Office of Municipal Securities, sources said.

At the SEC's invitation, Bond Dealers of America submitted a proposed framework for an exemptive order aimed at muni advisors on private placement deals.

The debate between buy-side analysts and issuers and their underwriters flared up during a panel discussion at The Bond Buyer's California Public Finance Conference.

New MSRB Chair Edward Sisk will start in his new role on Oct. 1.

The Municipal Securities Rulemaking Board is reviewing its size and the composition of its board, and projects an operating deficit for the coming year.

Partner, Chapman and Cutler

Montebello Unified School District allegedly defrauded investors in the sale of $100 million in general obligation bonds.

The New York-based firm mismarked 90% of its municipal securities trades, FINRA found.

A new legal bulletin was requested by SEC Chair Jay Clayton after he observed lawyers noting that some platforms put financial disclosure under more scrutiny.