Senators will ask SEC to investigate bond issue

SPRINGFIELD – Two Republican state senators on Monday accused the Blagojevich administration of providing misleading information about the state's finances as part of a recent bond issue.

State Sen. Christine Radogno, R-Lemont, and state Sen. Dave Syverson, R-Rockford, are preparing a letter to the federal Securities and Exchange Commission urging an investigation into the accuracy of the Official Statement accompanying a $300 million bond sale last month.

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