SEC Probes Bear Stearns In Chicago
- SEC, NASD to take action over rule G-36 transgressions. Hume, Lynn Stevens; McEntee, Christopher // Bond Buyer;08/29/97, Vol. 321 Issue 30220, p1
Reports on the US Securities & Exchange Commission and the National Association of Securities Dealers' enforcement action against Goldman Sachs & Co, Bear Stearns & Co., and other violators of the Municipal Securities Rulemaking Board's Rule G-36. Features of the rule; Penalties awaiting violators.
- Issuer Official Pans SEC's Claims About Disclosure. Ackerman, Andrew // Bond Buyer;9/23/2010, Vol. 373 Issue 33388, p1
The article reports on the comments of Ed Harrington, issuer official and former head of a governmental group, on the claims of the U.S. Securities and Exchange Commission (SEC) that the municipal bond market lacks disclosure and accounting standards. Harrington said that SEC's concerns on...
- SEC Staff May Recommend Charges Against Bear Stearns in Muni Probe. Hume, Lynn // Bond Buyer;4/16/2008, Vol. 364 Issue 32858, p4
The article reports that an enforcement staff of the U.S. Securities and Exchange Commission (SEC) may recommend the agency to file charges against Bear Stearns & Co. Inc. after the firm received a "Wells Notice" from SEC. The recommendation is a result of an investigation of alleged...
- Commentary: SEC Uses Muscle to Push New Secondary Market Disclosure. Grugan, John; Stanley, Tesia // Bond Buyer;1/30/2014, Vol. 123 Issue 34052, p1
The author reflects on the U.S. Securities and Exchange Commission's (SEC) act of using a combination of its antifraud authority and SEC Rule 15c2-12 in 2013 in order to raise the bar for issuers' secondary municipal market disclosures. He states that the SEC was willing to use its enforcement...
- Scandal Prompts Chicago to Drop Bear Stearns From $500M GO Sale. Shields, Yvette // Bond Buyer;7/9/2004, Vol. 349 Issue 31922, p1
Reports that the city of Chicago, Illinois, has removed Bear, Stearns and Co. from the underwriting team that was previously selected to sell up to $500 million new-money and refunding general obligation deal planned for August 2004. Effects of a scandal and a shakedown scheme allegedly...
- SEC guidance seen on whether FAs are investment advisers. Hume, Lynn // Bond Buyer;10/18/99, Vol. 330 Issue 30749, p1
Reports on the possibility that the United States Securities and Exchange Commission (SEC) will issue guidelines to financial advisers in the municipal market on whether they should register with the SEC as investment advisers. Interpretation of existing investment advisory laws and rules; SEC...
- Groups oppose TBMA's call for SEC study of muni disclosure. Hume, Lynn // Bond Buyer;06/14/99, Vol. 328 Issue 30661, p40
Reports on the opposition to calls for the United States Securities and Exchange Commission study of municipal bond disclosure. Federal regulation of the municipal market; Proposals from the Bond Market Association.
- Miami: SEC Grilling Other Participants in 1995 Deals. Hume, Lynn // Bond Buyer;07/19/2000, Vol. 333 Issue 30935, p1
Reports on the United States Securities and Exchange Commission's plan to file cases against participants in three 1995 Miami bond offerings that allegedly involved inadequate disclosures. Charges filed by the commission against Miami, Florida; Post-hearing brief filed by Miami with the...
- Disclosure Compliance Still Poor. Hume, Lynn // Bond Buyer;10/13/2000, Vol. 334 Issue 30995, p1
Reports on municipal bond issuers' compliance with secondary market disclosure requirements. Discussion at the United States Securities and Exchange Commission's second annual Municipal Securities Roundtable; Rule 15c2-12 of the commission.