- Bond Lawyers Comment on Proposed Bond Arbitrage Regs.
- Bond Lawyers Suggest Withdrawal of Proposed Issue Price Definition.
- Bond Dealers Seek Substantial Changes to Proposed Issue Price Rules for Tax-Exempt Bonds.
- Butler v. U.S. – District court holds that criminal defendant’s securities-fraud scheme involved domestic securities transactions, although ARS at issue were not listed on United States exchange and defrauded clients were all residing abroad, and thus transactions were subject to § 10(b).
- Corr v. Metropolitan Washington Airports Authority – Court of Appeals holds that tolls imposed by airport authority for voluntary use of toll road were user fees, not taxes prohibited by the Virginia constitution.
- AFT Michigan v. State – Court of Appeals upholds amendments to Public School Employees Retirement Act that altered future healthcare and retirement benefit plans available to public school employees.
- The Bond Buyer and BDA Present the National Municipal Bond Summit.
- State Housing Council Raises Concerns With Proposed Issue Price Definition.
- State Debt Management Group Seeks Withdrawal of Proposed Issue Price Definition.
- And finally, Great Moments in Pedagogy II is brought to you by Wadsworth v. Board of Trustees of Lincoln County School Dist. Number Two in which a terminated high school teacher, when asked why he failed to complete any of the tasks outlined in a disciplinary memo, replied that the memo, “flusterated him and he just put it out of his mind.” Mr. Wadsworth, you’ll be missed.
