Month: November 2006

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 …

City Of San Diego Sanctioned For Fraudulent Bond Offerings Read More »

In a speech to the Securities Industry and Financial Markets Association on November 10, 2006, SEC Chairman Cox endorsed current efforts to fold the member regulation functions of the NASD and NYSE into one regulatory body noting, “I’m firmly convinced …

Cox Calls For SRO Consolidation Read More »