Key Words and Phrases Associated with Corporate Bonds: The basic financial terms of a corporate bond include its price, face value (also called par value), maturity, coupon rate, and yield to maturity. Yield to maturity is a widely used measure to compare bonds. This is the annual return on the…
Secured vs. Unsecured Corporate and Municipal Bonds – What happens if a company goes into bankruptcy? South Florida FINRA Arbitration and Litigation Attorney – You may be able to recover your investment losses. If a company defaults on its bonds and goes bankrupt, bondholders will have a claim on the…
Basic characteristics of corporate and municipal bonds – South Florida FINRA Arbitration and Litigation Attorney – As an investor, you may be able to recover losses associated with your investment in corporate bonds. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the largest…
Bond Discount – Florida Bond Investment Breach of Fiduciary Duty, Breach of Contract and Negligence FINRA Arbitration and State and Federal Litigation Attorney: A bond discount is the amount by which the market price of a bond is lower than its face value. Outstanding bonds with fixed coupons go to…
Municipal Bond and Municipal Security – Florida FINRA Arbitration and State and Federal Litigation Attorney: A Muni is a popular designation for a municipal security, especially a Municipal Bond. Municipal Bonds are debt obligations of a state or local government entity. The funds received by the entity may support general…
City of South Miami, Florida – Tax Exempt Bond – Florida FINRA Arbitration and State and Federal Court Litigation Attorney: The Securities and Exchange Commission recently charged the City of South Miami, Fla., with defrauding bond investors about the tax-exempt financing eligibility of a mixed-use retail and parking structure being…
Securities and Exchange Commission Charges City of Harrisburg for Fraudulent Public Statements The Securities and Exchange Commission (Commission) recently charged the City of Harrisburg, Pa., with securities fraud for its misleading public statements when its financial condition was deteriorating and financial information available to municipal bond investors was either incomplete…
Securities and Exchange Commission v. City of Victorville, et al., Civil Action No. EDCV 13-776 JAK (DTBx) (C.D. Cal., filed April 29, 2013) SEC Charges City of Victorville, Underwriter, and Others with Defrauding Municipal Bond Investors The Securities and Exchange Commission recently charged that the City of Victorville, Calif., a…
Administrative Proceeding No. 3-15237, Before the Securities and Exchange Commission: The Securities and Exchange Commission recently charged the State of Illinois with securities fraud for misleading municipal bond investors about the state’s approach to funding its pension obligations. An SEC investigation revealed that Illinois failed to inform investors about the…
MSRB MAKES CONTINUING DISCLOSURE MONTHLY STATISTICS AVAILABLE ON EMMA The Municipal Securities Rulemaking Board (MSRB) recently announced that it has begun providing on its Electronic Municipal Market Access (EMMA®) website statistics on the number and type of disclosure filings that issuers of municipal securities make available to investors throughout the…