Washington

The Securities and Exchange Commission objects to further delay in the 2009 case against two JPMorgan bankers charged with bribing Jefferson County, Ala., commissioners and broker-dealers to win business.

The Securities and Exchange Commission's Office of Municipal Securities will shrink to two members after attorney Dave Sanchez departs April 19.

Federal Regulators have been dropping in on non-dealer financial advisors for examinations that have sometimes lasted days, sources said Thursday.

Three former employees of CDR Financial Products Inc. who cooperated with the government's investigation into municipal bond bid-rigging were given prison terms ranging from six months to 18 months.

The National Federation of Municipal Analysts said Wednesday they have filed an amicus curiae brief in California Superior Court in support of a lawsuit filed by insurer Syncora Guarantee over laws extinguishing redevelopment agencies in the state.

The Bond Dealers of America have hired Urban Swirski and Associates to advocate for the group's legislative and policy priorities, BDA announced Wednesday.

Mary Jo White has been sworn in as the new chair of the Securities and Exchange Commission, the SEC announced Wednesday.

The Securities and Exchange Commission's April 16 fixed-income markets roundtable will include regulators and representatives from most municipal market groups, the SEC announced Tuesday.

Contracts between dealer firms and public officials show that dealers are engaging in wordplay in an apparent attempt to avoid duties and restrictions placed on them by both federal statute and MSRB rulemaking.