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Hunt County renews arbitrage rebate compliance contract with Hilltop Securities
Summary
Hunt County Commissioners approved a yearly renewal with Hilltop Securities Asset Management LLC to provide arbitrage rebate compliance services, estimated at roughly $3,000–$5,000 per year; county said retaining Hilltop will save onboarding costs because Hilltop issued the bonds originally.
Hunt County Commissioners Court on Oct. 16 approved a renewal of the county’s agreement with Hilltop Securities Asset Management LLC to provide arbitrage rebate compliance services, a technical annual reporting service the county said will cost roughly $3,000–$5,000 per year.
County staff described arbitrage compliance as the federal reporting and calculation that…
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