1. An organization that represents state and local debt issuers called on the Internal Revenue Service to scrap its guidelines on how to repay excess profits from municipal bond sales. 2. Debt issuers are required to file annual financial statements and disclose material events that could affect the value of their bonds under SEC rules that became effective in July. 3. Internal Revenue Service officials and municipal debt issuers will meet tomorrow to discuss a new IRS policy dictating the repayment of excess profits from bond sales. 4. Municipal debt issuers are taking advantage of a dearth of new offerings and robust demand from investors to raise money on the cheap. 5. Once a top-rated debt issuer, California now is deemed only medium-grade. 6. Other Canadian companies are also joining the ranks of corporate debt issuers. 7. The charges allege Ferber used his role advising several debt issuers to illegally demand and obtain financial benefits for himself and his firm. 8. The charges allege Ferber used his role advising several debt issuers to illegally demand and obtain financial benefits for himself and his firms. 9. Such a rating might require a debt issuer to pay more interest to attract lenders. |