Steven Snyder Settles Yield-Burning Case

Hume, Lynn
April 2001
Bond Buyer;4/23/2001, Vol. 336 Issue 31123, p-3
Trade Publication
Reports that Steven T. Snyder, former public finance director of Meridian Capital Markets Inc., will pay almost $300,000 and would not enter into securities industry for atleast three years under a yield-burning settlement with several federal agencies. Charges levelled against Snyder; Federal agencies involved in the settlement case.


Related Articles

  • Snyder, SEC negotiating to settle yield-burning action. Hume, Lynn Steven // Bond Buyer;10/06/98, Vol. 326 Issue 30493, p4 

    Reports on former Meridian Capital Markets Inc. Public Finance Director Steven Snyder's attempt to negotiate a settlement of securities fraud charges with the United States Securities & Exchange Commission (SEC). Refundings done for issuers connected to the case; Administrative charges filed by...

  • SEC probing alleged kickback scheme involving refunding deals in W. Va. Hume, Lynn Stevens // Bond Buyer;04/28/98, Vol. 324 Issue 30381, p36 

    Reports on the US Securities & Exchange Commission's probe into an undisclosed kickback arrangement involving former Meridian Capital Markets Inc. Director Steven Snyder to ensure the company's selection to provide escrow securities in West Virginia. Description of the scheme; CoreStates...

  • Former Meridian official's hearing in SEC yield-burning case may be delayed. Hume, Lynn Stevens // Bond Buyer;06/03/98, Vol. 324 Issue 30406, p5 

    Focuses on the possibility that US Securities & Exchange Commission (SEC) administrative law judge Elaine Greenberg will postpone the hearing in the SEC's yield-burning case against Steven Snyder, former public finance director at Meridian Capital Markets Inc. Snyder's denial of the charges...

  • CoreStates reaffirms promise to pay yield-burning victims. Kuiper, Mark T. // Bond Buyer;11/25/97, Vol. 322 Issue 30280, p1 

    Reports that CoreStates Financial Corp. has reaffirmed its intention to reimburse Pennsylvania bond issuers allegedly bilked in yield-burning schemes by Meridian Capital Markets should the allegations prove truthful. Aim to have the issue concluded prior to the April 1998 merger date with First...

  • IRS demands information from issuers in Pensylvania. Hume, Lynn Stevens // Bond Buyer;04/06/98, Vol. 324 Issue 30366, p1 

    Reports on the launching of a probe of refundings involving the former Meridian Capital Markets by the Internal Revenue Service (IRS). Two issuers which received the IRS letters; Contents of the letter; Accusation of Frank Shafroth, director of policy and federal relations, against IRS.

  • IRS joins SEC in Pennsylvania yield-burning investigation. Stanton, Michael // Bond Buyer;07/31/97, Vol. 321 Issue 30199, p5 

    Reports that the US Internal Revenue Service has joined the Securities and Exchange Commission in investigating yield-burning on advance refunding bond issues underwritten by Meridian Capital Markets Corp. Issuers' payment of inflated prices for Treasury securities; Issuers' responsibility to...

  • Collier County, Fla., says it has settled case with... Reynolds, Katherine M. // Bond Buyer;11/03/97, Vol. 322 Issue 30265, p33 

    Reveals that Collier County in Florida has settled with Meridian Capital Markets Inc., Meridian Securities Inc. and Meridian Bancorp Inc. Losses incurred by the county from the collaterized mortgage obligations; Settlement with Securities of America Inc; Plans of the county in the derivatives...

  • South Jersey airport has high hopes. Thomas, Trevor // Business News New Jersey;07/13/98, Vol. 11 Issue 26, p11 

    Discloses that Steven Snyder, owner of the South Jersey Regional Airport in Lumberton, New Jersey is optimistic about the airport's future. Application of the state's Transfer of Development Rights program in the renovation of the airport; Plan to turn the airport into a tourist attraction;...

  • A sculptor's sanctuary. Mays, Steven // Country Living;Aug96, Vol. 19 Issue 8, p92 

    Presents photographs of sculptures adorning Steven R. Snyder's home and studio in Bucks County, Pennsylvania.


Read the Article


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

Try another library?
Sign out of this library

Other Topics