Miami case is latest example of tougher SEC, experts say

07/25/2013 | Bond Buyer (free content), The

The decision by the Securities and Exchange Commission to charge both the city of Miami and its former budget director Michael Boudreaux with securities fraud, and additionally to accuse Miami of violating a cease-and-desist order, is the latest example of the tougher approach the SEC is taking with municipalities, experts say.

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Bond Buyer (free content), The

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