SEC Warns Muni Bond Firms To Watch Political Donations

By Ian Thoms (August 31, 2012, 2:20 PM EDT) -- The U.S. Securities and Exchange Commission warned municipal securities professionals Friday not to contribute to the political campaigns of officials with whom they are doing or seeking to do business, saying they could run afoul of a Municipal Securities Rulemaking Board prohibition on "pay-to-play" practices....

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