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District poised to spend $35,000 to answer SEC probe

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The District is poised to spend at least $35,000 to respond to a "confidential, informal inquiry" from the Securities and Exchange Commission, which opened a probe in October into disclosures surrounding sales of the city's municipal bonds. According to billing records obtained by The Washington Examiner under the Freedom of Information Act, the District spent $25,812.50 for nearly 74 hours of...

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