Year: 2006

Legislation Proposed by Rep. Frank May Indicate Direction of New Congress on Securities Issues

The change in Congressional leadership may have an immediate and significant impact on the SEC and the securities laws. Rep. Barney Frank (D-MA) is scheduled to become Chairman of the House Financial Services Committee in the next Congress. His recent

City Of San Diego Sanctioned For Fraudulent Bond Offerings

On November 14, 2006, the SEC entered an order sanctioning the City of San Diego in a settled administrative proceeding based on multiple fraudulent municipal bond offerings. According to the Order, the City of San Diego engaged in fraud by