NASD Plans to Fight Subpoena to Give Documents to LCDA

Hume, Lynn
January 2005
Bond Buyer;1/18/2005, Vol. 351 Issue 32051, p4
Trade Publication
Reports on the refusal of the National Association of Securities Dealers to submit its documents to the Louisiana Local Government Environmental Facilities and Community Development Authority in connection with an ongoing municipal bond enforcement case. Focus of the charges of the Securities and Exchange Commission; Designation of the suit as a class action case; Proposal of determination letters concluding the status of the two pooled bond transactions by the Internal Revenue.


Related Articles

  • N.J.'s State Contract Debt Challenged. Higginbotham, Stacey // Bond Buyer;12/28/2000, Vol. 334 Issue 31046, p1 

    Reports on Bogota, New Jersey Mayor Steven Lonegan's plan to file a lawsuit in Hackensack Superior Court challenging the constitutionality of New Jersey's state-contract debt. Lonegan's efforts to prevent further bond sales with the security pledge; Validity of appropriation-backed debt in the...

  • Pennsylvania Financing Authority's $180 Million Debut Deal Voted Down. O'Brien, Elizabeth // Bond Buyer;7/19/2005, Vol. 353 Issue 32177, p6 

    Reports that the $180 million debut issue of Pennsylvania's Commonwealth Financing Authority failed to win approval from the agency's board. Seven-member board's 6-to-1 vote in favor of the mostly taxable issue; Features of the proposed deal.

  • 3 Issuers Announce BAB Calls. DEPAUL, JENNIFER // Bond Buyer;4/16/2013, Vol. 384 Issue 33895, p1 

    The article informs that various municipal bond issuers such as Monona, Wisconsin and an independent government agency Central Texas Regional Mobility Authority are planning to regain Build America Bonds (BABs) at par with accumulated interest. It mentions that the issuers believe the deduction...

  • D.C. Water Agency May Sell $950M -- Eventually. Vadum, Matthew // Bond Buyer;12/6/2004, Vol. 350 Issue 32023, p5 

    Reports on the amount of tax-exempt municipal bonds considered for sale to pay for the planned combined sewer-overflow program of the District of Columbia Water and Sewer Authority in Washington D.C. Limitation in the bonds that may come out of the deal; Details of the lawsuit filed against the...

  • Defendants Strike Back in Suit Over $46M St. Louis Ballpark Deal. Shields, Yvette // Bond Buyer;1/3/2005, Vol. 351 Issue 32041, p1 

    The article reports that the leaders of the Coalition Against Public Funding for Stadiums who are named in a lawsuit seeking to protect repayment of St. Louis County's $46 million Cardinals ballpark bond issue fired back last week, charging they have been unfairly targeted for their role in...

  • California Redevelopment Group Sues Over $350 Million Fund Shift. Saskal, Rich // Bond Buyer;12/8/2008, Vol. 366 Issue 33018, p3 

    The article reports on the filing of a lawsuit by the California Redevelopment Association challenging a $350 million shift from redevelopment agencies to the state government. It argues that the transfer of redevelopment funds violates state constitutional language that authorized the creation...

  • Florida PACE Agency Seeks to Validate $2B Bond Issuance. Sigo, Shelly // National Mortgage News;7/25/2011, Vol. 35 Issue 42, p23 

    The article focuses on the complaint filed by Florida Property Assessed Clean Energy (PACE) Funding Agency to validate the issuance of two billion dollars of municipal bonds use to fund energy-efficiency projects in Florida. It relates that the PACE program has longed been questioned by federal...

  • Arizona Agency OKs Up to $45M for Stadium Infrastructure. Watts, Jim // Bond Buyer;10/12/2004, Vol. 350 Issue 31987, p3 

    Reports that the Arizona Sports and Tourism Authority (ASTA) board voted to issue up to $45 million of revenue bonds for infrastructure upgrades around the Arizona Cardinals football stadium under construction in Glendale. Possibilithy that ASTA would issue only $33 million by the end of...

  • Revised Virginia Ballpark Plan to Lure Expos Includes Mostly Taxable Debt. Vadum, Matthew // Bond Buyer;6/22/2004, Vol. 348 Issue 31910, p25 

    Reports on the plan to sell 418 million dollars of 30-year municipal bonds to finance for a professional baseball stadium by the Virginia Baseball Stadium Authority in Virginia. Role of the Richmond-based Virginia Resources Authority to sell the bonds; Function of the state of Virginia to rebate...


Read the Article


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

Try another library?
Sign out of this library

Other Topics