Arizona officials divided over charges against Rauscher

Hume, Lynn Stevens
January 1998
Bond Buyer;01/16/98, Vol. 323 Issue 30312, p4
Trade Publication
Reports that Arizona officials are divided whether Rauscher Pierce Refnes Inc. engaged in any wrongdoing when it sold the state securities for a refunding escrow in 1992. Request from the treasurer's office to investigate Rauscher; Different conclusion of the state's Department of Administration; Series of letters between state officials and Rauscher in 1992 and 1993.


Related Articles

  • Experts claim Arizona would have paid less for SLGS. Hume, Lynn Stevens // Bond Buyer;02/13/98, Vol. 323 Issue 30331, p1 

    Discloses that Arizona would have saved between $50,000 and $75,500 if it had purchased state and local government series (SLGS) securities from the Treasury Department instead of open market Treasury securities from Rauscher Pierce Refsnes Inc. for the escrow for a $129.6 million refunding done...

  • SEC about to target Rauscher in first yield-burning case. Hume, Lynn Stevens // Bond Buyer;01/08/98, Vol. 323 Issue 30306, p1 

    Focuses on the US Securities Exchange Commission's (SEC) move to file securities fraud charges against Rauscher Pierce Refnes Inc. over a refunding in the SEC's yield burning case. Warnings by private securities lawyers on the effect of court ruling on the Banca Cremi case; Features of the...

  • Arizona would have paid more for slugs, Rauscher memo says. Hume, Lynn Stevens // Bond Buyer;01/12/98, Vol. 323 Issue 30308, p1 

    Reports on Rauscher Pierce Refsnes' response to US Securities & Exchange Commission (SEC) charges of securities fraud against the company in Arizona. Company's decision to reduce the price of state and local government series securities sold to the state of Arizona; Details of the securities...

  • Arizona official reproaches SEC over yield-burning probe. Hume, Lynn Stevens // Bond Buyer;03/03/98, Vol. 323 Issue 30342, p6 

    Reports that Arizona treasurer Tony West has criticized the US Securities and Exchange Commission (SEC) for damaging the state's name and victimizing state officials in a yield-burning probe of a 1992 refunding that led the commission to file charges against Rauscher Pierce Refsnes Inc. Charges...

  • Muni watchdog Web site closes shop. Whalen, Robert // Bond Buyer;01/21/98, Vol. 323 Issue 30314, p30 

    Reports on former Merrill Lynch public finance banker Bill Wood's closure of his Web site `Municipal Bond Reform' in January 1998. Offer of information on topics related to the municipal bond market; Wood's reasons for closing shop; US Securities and Exchange Commission's (SEC) filing of...

  • Major public finance group coming to island. Casellas, Carmen T. // Caribbean Business;6/26/1997, Vol. 25 Issue 25, p6 

    States that the Dallas-based investment banking firm of Rausher Pierce Refsnes Incorporated (RPR) is targeting Puerto Rico as its next growth area. Comments from Leslie O. Lynch Jr., RPR's executive vice president; Plan which RPR entered to accommodate its goal in Puerto Rico; Details on RPR.

  • SEC files yield-burning charges against Rauscher, former official. Hume, Lynn Stevens // Bond Buyer;01/09/98, Vol. 323 Issue 30307, p1 

    Reports on the US Securities and Exchange Commission's (SEC) filing of securities fraud and other charges against Rauscher Pierce Refsnes Inc. and its former senior vice president James R. Feltham over a $129.6 million refunding of certificates of participation done for Arizona in 1992. ...

  • Rauscher cites MSRB rules as defense in SEC case. Hume, Lynn Stevens // Bond Buyer;01/14/98, Vol. 323 Issue 30310, p1 

    Reports on the US Securities and Exchange Commission's (SEC) lawsuit against Rauscher Pierce Refsnes Inc. and its former senior vice president James Feltham in connection with a $129.6 million refunding for Arizona in 1992. Significance of the case for SEC's yield-burning enforcement campaign;...

  • Dain Bosworth, Rauscher Pierce teaming up to form top-10 firm. Tunick, Britt // Bond Buyer;10/16/97, Vol. 322 Issue 30253, p34 

    Reports on the merger between Dain Bosworth Inc. and Rauscher Pierce Refsnes Inc. to become Dain Rauscher Inc., creating the 10th largest full-service securities firm in the United States. Announcement of the merger by Interra Financial, the parent company of both firms; Effective date of,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics