Former Rochester MAs, SEC battle over alleged conflict of interest bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Rochester municipal advisor calls for partial judgment in SEC fraud case bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
The City of Rochester, New York, and its former finance director appear set in fighting SEC charges that they defrauded investors in connection with a 2019 bond offering.
The SEC filed fraud charges against the City of Rochester, New York , former City executives, and the City’s municipal advisor alleging the City’s note offering documents were materially misleading to investors because of their reliance on outdated financial statements.
Capital Market Advisors responded to the Securities and Exchange Commission's claims that the charges are inconsistent or in excess of those imposed by the applicable laws.