SEC, City Of Rochester Ask Court To Enter Judgment Settling Advising Dispute

( October 18, 2024, 8:16 AM EDT) -- ROCHESTER, N.Y. — The Securities and Exchange Commission, the city of Rochester and its financial director jointly filed a notice of settlement asking the court to enter judgment resolving all claims brought against the city defendants by the SEC for failure to disclose certain conflicts of interest with the city’s financial advisers in the issuance of contracts with municipal entities....