Florida City Seeking Cash For Markups

Whalen, Robert; Ferris, Craig T.
May 1999
Bond Buyer;05/25/99, Vol. 328 Issue 30648, p1
Trade Publication
Presents news briefs related to Port Orange, Florida, has requested Raymond James & Associates Inc. to pay compensation for marking up Treasury securities purchased in conjunction with a water-sewer refunding issued in 19993. Government probe into a possible yield-burning scheme in the issuance; Effects of the overcharge to the city's bonds.


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