As a result of the COVID-19 virus, local governments in California are facing sudden, unexpected, unprecedented, dramatic shortfalls or delays in a number of their core revenue streams, in some cases combined with...more
4/19/2020
/ Bonds ,
Capital Improvements ,
CARES Act ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Escrow Accounts ,
Leaseback ,
Loans ,
Property Tax ,
Public Finance ,
Public Private Partnerships (P3s) ,
Securitization
On February 10, 2020, an SEC advisory committee called the Fixed Income Market Structure Advisory Committee (FIMSAC) met and adopted a series of recommendations on the topic “Timeliness of Financial Disclosures in the...more
2/24/2020
/ Institutional Investors ,
MCDC ,
Municipal Securities Issuers ,
Municipal Securities Market ,
Public Disclosure ,
Public Finance ,
Regulatory Oversight ,
Rulemaking Process ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
Just in the last weeks of August, the Public Finance Abuse Unit of the Enforcement Division of the Securities and Exchange Commission (SEC) announced settlements of securities fraud actions involving a city, an underwriter, a...more
In Public Finance, questions on separation of church and state usually arise in the context of a conduit financing by a state or local governmental entity which benefits a religious organization. The religious organization...more