Municipal Securities

The SEC's complaint alleges that Walker improperly provided an unfair competitive advantage to one investment adviser due to his romantic interest in an individual associated ...

These proceedings arise out of fraudulent conduct perpetrated by Chris Rosenthal, a former financial adviser with UBS Financial Services Inc. (“UBS”), in the municipal securities ...

The Securities and Exchange Commission (“Commission” or “SEC”) is adopting amendments to the Municipal Securities Disclosure Rule (Rule 15c2-12) under the Securities Exchange Act of ...

With the near $4 trillion municipal securities market ever increasing, the SEC has moved to further enhance transparency and timely access to important market information.  ...

Morris had a long-standing relationship with Scherr and understood that Scherr operated a securities trading business known as “flipping” and was known in the industry ...

The Commission’s complaint alleged that Malachi and Bingham fraudulently overcharged the City of Rolling Fork, Mississippi by $33,000 in May 2015, in connection with providing ...

The complaint also alleged that Bingham failed to disclose to the city that he had accepted payments totaling $2,500 from Anthony Stovall, an employee of ...

These proceedings arise out of certain improper gifts provided by Stovall to the president and owner of a registered municipal advisor in May 2015. Shortly ...

The 2013 amendment failed to meet certain prerequisites expressly required by the City’s prior continuing disclosure agreements. Respondents failed to advise their client of the ...

Nevertheless, in 2013, LFC underwrote an additional five Brogdon Bond Offerings. Lynch again served as an investment banker and underwriter’s counsel and in that capacity ...