Acacia Makes Chicago Office Changes
Acacia Financial Group Inc. fired Courtney Shea – the former public finance banker hired to open a Chicago office in 2009 -- and added former banker and investment asset manager professional Jim Beck to its Chicago team.
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Barack Obama has nominated two longtime Senate aides to become the next new commissioners at the Securities and Exchange Commission, the White House announced Thursday. more »
Former three-term Republican U.S. Senator Judd Gregg, the Securities Industry and Financial Markets Association's new chief executive officer, said Monday that he wants to improve the image of the industry and make sure Dodd-Frank rules are focused and not overly burdensome. more »
The Securities and Exchange Commission's Office of Municipal Securities has added two members to its staff, SEC muni chief John Cross announced Monday. more »
McKenna Long & Aldridge LLP is continuing its expansion in public finance with the addition of Jonathan Ballan in New York. more »
The municipal bond market may benefit from the shake-up at the Internal Revenue Service as the newly named acting commissioner Daniel Werfel has close ties with state and local governments and is viewed by market groups as a strong ally. more »
Transportation Corridor Agencies said Neil Peterson will become its new chief executive officer. more »
For Bill Walsh, there isn't much room in a retail investor's muni bond portfolio for volatility or variability. That's why the 33-year municipal market veteran and president of Hennion & Walsh prefers high-quality paper and low risk for his pre-retiree clients, as well as personalized portfolio planning that is tied to clients' life goals and objectives. more »
The National Federation of Municipal Analysts presented its 29th annual industry awards during its annual conference dinner in San Diego earlier this month. more »
ORIX Public Finance, an investor and proprietary lender to the public and private sector, has hired a new director in its New York office. more »
A retirement party for Wisconsin's longtime capital finance director Frank Hoadley takes place Wednesday in Madison. Hoadley retired at the end of February after 25 years managing the state's debt issuance. more »
Cliff Gannett, acting director of government entities at the Internal Revenue Service, will retire at the end of June, he announced at a recent American Bar Association tax-exempt financing committee meeting. more »
Former Internal Revenue Service official Nancy Lashnits will take over as chair of the Committee on tax-exempt financing with the American Bar Association. more »
Connecticut Treasurer Denise Nappier received a public service award from the Municipal Forum of New York at a ceremony that also honored Frank Chin of Citi, Mark Muller and Austin Koenen. more »
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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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