- Commission Charges City of Miami and Former Budget Director with Municipal Bond Offering Fraud.
- Miami Case Shows SEC Increasingly Targeting Individuals; Willing to Fine Cities.
- SIFMA Proposes ‘Execution With Diligence’ Standard for Municipal Trading.
- IRS LTR: Loan Sale Won’t Cause State Agency to Be Treated as Taxable Mortgage Pool. The IRS ruled that a state government agency’s proposed sale of certain mortgage loans purchased with tax-exempt bond proceeds won’t cause any portion of the agency to be classified as a taxable mortgage pool under section 7701(i).
- Reuters: Muni Board Watching General Obligation Debt in Detroit Case.
- Moody’s: Detroit Bankruptcy May Change How Other Distressed Cities Approach Obligations.
- NYT: Cities Need to Weigh Costs of Private Partnerships.
- Should you wish to learn more about a particular case than provided by the one-sentence synopsis, click on the case name in the newsletter, which will take you to the full entry on the website. If starting from the website, simply click on the case name.
