A bond issue (a debt obligation of a local government) is often perceived as a mystery for many Pennsylvania local government officials and solicitors. The securities and tax regulations governing municipal bonds have grown...more
1/17/2024
/ Bondholders ,
Bonds ,
Consumer Protection Act ,
Credit Enhancements ,
Disclosure Requirements ,
Dodd-Frank ,
Fiduciary Duty ,
Income Taxes ,
Interest Rate Swaps ,
MSRB ,
Municipal Bonds ,
Public Meetings ,
Reimbursements ,
Securities ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Trustees
The National Association of Bond Lawyers (“NABL”) recently sent a letter to Congress, outlining some measures it recommends Congress adopt to combat the economic downturn related to the Coronavirus COVID-19 Pandemic. The...more
2018 will be a year of monumental tax law changes following the recent approval by the House and Senate of the Tax Cuts and Jobs Act. President Donald Trump is expected to sign the bill into law in the coming days. While the...more
The Securities and Exchange Commission (SEC) recently announced enforcement actions against 71 municipal issuers of bonds in connection with the Municipalities Continuing Disclosure Cooperation (MCDC) Initiative. The...more
9/1/2016
/ Cease and Desist ,
Civil Monetary Penalty ,
Enforcement Actions ,
Material Misstatements ,
MCDC ,
Municipal Bonds ,
Municipal Securities Issuers ,
Municipalities ,
Public Sector ,
Rule 15c2-12 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Settlement Agreements ,
Underwriting
A bill has been introduced in the Pennsylvania Senate by Senator Mike Folmer (R-Lebanon) and others which would, among other things, dramatically change the process by which municipal financings are reviewed by the Department...more