Gallagher: Hold public officials accountable for bad info

05/12/2013 | Bloomberg

Commissioner Daniel Gallagher of the Securities and Exchange Commission admonished politicians in a speech last week for offering misleading comments about the financial health of municipalities. "When we find knowing or reckless material misstatements or omissions by public officials in connection with municipal securities, we can, should and will take action to hold the appropriate public officials accountable," Gallagher said.

View Full Article in:

Bloomberg

Published in Brief: