TITLE

Judicial board seeks public comment on pay-to-play rule posed by N.Y.C. bar group

AUTHOR(S)
Hume, Lynn Stevens
PUB. DATE
October 1997
SOURCE
Bond Buyer;10/08/97, Vol. 322 Issue 30247, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the New York Administrative Board of the Courts' decision to seek public comments on a controversial rule that would ban pay-to-play practices by lawyers in the municipal bond market. Commendation of the judicial board's move by the Association of the Bar of the City of New York and the US Securities and Exchange Commission (SEC); American Bar Association's study of the proposal.
ACCESSION #
9710171561

 

Related Articles

  • ABA asked to take a broader look at pay-to-play. Hume, Lynn Stevens // Bond Buyer;02/05/98, Vol. 323 Issue 30325, p1 

    Reports on the American Bar Association's (ABA) investigation of the pay-to-play and other political contributions' practices in the municipal bond market. Creation of a 12-member task force to address the issue; Debate over whether any action taken by the ABA to crack down on the practices...

  • ABA group's pay-to-play report delayed. Hume, Lynn Stevens // Bond Buyer;07/07/98, Vol. 325 Issue 30429, p40 

    Reports on the status of the American Bar Association (ABA) task force report on "pay-to-play" practices, or payoffs to politicians to get a share in municipal bond underwriting. Condemnation of the practice; Division on whether the ABA should urge states to adopt a rule for lawyers similar to...

  • ABA task force to finish pay-to-play report by early June. Hume, Lynn Stevens // Bond Buyer;04/21/98, Vol. 324 Issue 30376, p1 

    Reports on the timetable set by the American Bar Association (ABA)'s Task Force on Lawyers' Contribution to complete a report regarding a ban on pay-to-play practices in municipal bond lawyering. ABA's stance on quid-pro-quo transactions and political contributions; Ruling of the Municipal...

  • Draft ABA letter urges IRS to create yield-burning safe harbor. Stanton, Michael // Bond Buyer;08/08/97, Vol. 321 Issue 30205, p4 

    Reports on the American Bar Association's draft letter to the US Internal Revenue Service (IRS) urging safe harbor status for yield burning, which occurs when issuers pay above-market prices for securities they buy with municipal bond proceeds. Occurrence of the practice in escrow accounts in...

  • ABA task force recommends controversial pay-to-play rule. Hume, Lynn Stevens // Bond Buyer;07/21/98, Vol. 325 Issue 30439, p1 

    Reports on the American Bar Association's recommendation to restrict lawyers from pay-to-play practices in negotiated municipal securities business. Opposition against the proposal; Controversy surrounding the recommendation; Task force members criticizing the proposal.

  • Fate of task force's pay-to-play recommendations uncertain. Hume, Lynn Stevens // Bond Buyer;08/04/98, Vol. 325 Issue 30449, p1 

    Reports on the status of the recommendations of the American Bar Association Task Force on Lawyers' Political Contributions regarding the so-called `pay-to-play' rule in which lawyers contribute to politicians' campaign funds in exchange for getting a crack of local governments' municipal bond...

  • ABA Muni Litigation Panel to Hold First Event Next Week. Hume, Lynn Stevens // Bond Buyer;09/14/98, Vol. 325 Issue 30477, p1 

    Reports that the American Bar Association has established a municipal securities litigation subcommittee in response to the growing number of United States Securities and Exchange Commission actions and civil litigation in the municipal market. Aim to promote the discussion of cases and related...

  • ABA president names task force to examine curbing pay-to-play practices. Hume, Lynn Stevens // Bond Buyer;09/09/97, Vol. 321 Issue 30226, p5 

    Reports on American Bar Association president Jerome Shestack's creation of a task force to study the possibility of taking actions to curb pay-to-play practices in the municipal bond market. Members of the task force; ABA's approval of a resolution condemning pay-to-play practices by lawyers.

  • ABA Joins NABL in Criticizing Treasury's Proposed PILOT Rule. McConnell, Allison L. // Bond Buyer;7/13/2007, Vol. 361 Issue 32670, p4 

    The article reports on the comment of American Bar Association (ABA) that the proposed regulations, PILOT, for payments in lieu of taxes unnecessarily restrict municipal issuers' flexibility to finance projects in the U.S. The ABA tax section applauded the regulations' general approach, but...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics