- New Rule to Lift Veil on Tax Breaks.
- MSRB Changes MA Conduct Proposal, But Not Principal Transaction Bar.
- MSRB Enables Issuers to Display Bank Loan Disclosures on Customized EMMA Issuer Homepages.
- Municipal Bond Underwriter Didn’t Feel Like Underwriting.
- Edward Jones to Pay $20 Million to Settle SEC Municipal Bond Charges.
- SEC Members Demand Muni Markup Disclosure After Edwards Jones Case.
- UBS Fined $750,000 for Misstating Tax-Exempt Bond Interest.
- And finally, Oddly Specific Facts is brought to us this week by Cordova v. City of Los Angeles, in which the judge, describing a fatal car crash, wrote, “Out of control and spinning counterclockwise, the car struck one of several large magnolia trees planted in the median.” Presumably, his honor’s intent was to honor the memory of the deceased, whose final thought was undoubtedly, “Hey, we’re spinning counterclockwise! Is that a magnolia tree?”
