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Tagged with "RIEDC"

SEC Charges Wells Fargo and Rhode Island Agency With Misconduct Related to Municipal Bond Offering

Posted on March 23rd, 2016 at 9:50 AM
SEC Charges Wells Fargo and Rhode Island Agency With Misconduct Related to Municipal Bond Offering

The Rhode Island Economic Development Corporation (RIEDC) issued $75 million in bonds for the 38 Studios project as part of a state government program intended to spur economic development and increase employment opportunities by loaning bond proceeds to private companies.

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