SEC Charges 36 Firms For Fraudulent Muni Bond Offerings

By Ben Conarck (June 18, 2015, 3:36 PM EDT) -- Six months after its deadline to self-report, the U.S. Securities and Exchange Commission on Thursday announced settlements totaling about $9 million with 36 municipal underwriting firms including JPMorgan and Citigroup units for false statements or omissions in bond offering documents under the agency's recent voluntary initiative....

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