SEC Examines Chicago Agency's Build America Bond Sale

5/18/2010 6:02 PM

The Securities and Exchange Commission is examining the Metropolitan Water Reclamation District of Greater Chicago’s 2009 sale of $600 million in Build America Bonds, after investors who immediately traded the bonds earned as much as 2.5 cents per dollar in profit.

 

http://www.businessweek.com/news/2010-05-18/sec-examines-chicago-agency-s-build-america-bond-sale-update1-.html