TITLE

Three More Firms Settle With IRS Over Yield Burning

AUTHOR(S)
Duff, Susanna
PUB. DATE
February 2003
SOURCE
Bond Buyer;2/18/2003, Vol. 343 Issue 31574, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the U.S. Internal Revenue Service has reached three more settlements with regional broker-dealer firms in its continuing investigation of yield burning as of February 18, 2003. Launch of the investigation in April 2001; Settlement for the negative arbitrage; Reaction of issuers on the settlement.
ACCESSION #
9185446

 

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