Year: 2010

SEC Enforcement had another “first” this week, imposing civil penalties on city officials in connection with municipal securities offerings. The Commission also brought an action centered on forex trading and a case against a hedge fund keyed to the overvaluation …

THIS WEEK IN SECURITIES LITIGATION (October 29, 2010) Read More »

The SEC settled with four of five former City of San Diego officials in its action centered on fraud in connection with the sale of municipal bonds. SEC v. Uberuaga, Civil Action No. 08 CV 0621 (S.D. Cal. April 7 …

THE FIRST SETTLEMENTS IMPOSING A PENALTY ON CITY OFFICIALS Read More »