WASHINGTON The faceoff between Alabama bond dealer William Blount and regulators over political contributions took another turn last week as Blount refused to send the MSRB a report on his giftgiving activities for the past three months.

The quarterly reports were due at the Municipal Securities Rulemaking Board for the first time ever last Monday under Rule G-37, the board's controversial new "pay-toplay" rule. which Blount is challenging in a federal Appeals Court.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.