SEC files securities fraud charges against state of Kansas over muni bonds and pension liabilities

``The U.S. Securities and Exchange Commission said on Monday it has charged Kansas with fraud for not properly disclosing funding problems with its public pension when it held bond offerings in 2009 and 2010. It marks the third time the federal regulator has taken action against a state for violating municipal bond disclosure rules.'' -- It's nice not to see states just on the victim side of the scam that public bonds have become....