Municipal Lawyers
Dec. 6, 2012
SEC challenged by new municipal investigations
After three years, 700,000 pages and $1.5 million later in legal fees and costs, the Securities and Exchange Commission continues its investigation of the city of Victorville, despite the financial burden the probe poses to the already distressed city.




Daily Journal Staff Writer
After three years, 700,000 pages and $1.5 million later in legal fees and costs, the Securities and Exchange Commission continues its investigation of the city of Victorville, despite the financial burden the probe poses to the already distressed city.
As the SEC carries out a recent move to hold accountable the large and largely unchecked municipal securities market, legal observers and attorneys invo...
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