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January 31, 2011

SEC Investigates Harrisburg PA Muni-Bond Disclosures

The SEC is investigating whether Harrisburg PA officials provided investors with enough information about the financial condition of the city.  According to a spokesperson for the city, the inquiry began last November.  The SEC has recently stepped up its role in the municipal bond market.  It settled a case against New Jersey and is also investigating Illinois.  WSJ, SEC Probes Harrisburg's Muni Disclosures

January 31, 2011 in SEC Action | Permalink

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