November 16, 2006

S.D. may go further than SEC requests

Peter Henning of the Law School is quoted in an article about the federal SEC ordering the city of San Diego to hire an independent financial consultant to ensure the city doesn't defraud investors when borrowing money. Since the SEC's investigation of the city finances is completed, Henning said that, in his opinion, it may not be necessary for the city fathers to give an overseer too expansive a role in the city's finance, though it does make for good public relations.

Subscribe to Today@Wayne

Direct to your inbox each week

Related articles