S&P Public Finance Chief Murphy to Retire
Standard & Poor's public finance chief Steve Murphy will retire effective July 31, Murphy and the rating agency confirmed Tuesday.
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Sonia Toledo of Wells Fargo Securities was elected president of the Municipal Forum of New York, heading an all-female slate of officers. more »
Stern Brothers & Co., which advised on a recent $500 million MTA bond sale, hired former New York City Councilman David Weprin and added Neal Oldendorp in New Jerey. more »
The Municipal Securities Rulemaking Board announced Monday that it has hired David H. Saltiel as chief economist and is also recruiting someone else to lead to a market structure department that it is creating. more »
Rhode Island Gov. Lincoln Chafee nominated policy director Steve Hartford for director of administration to replace Richard Licht, who will become a judge. more »
Lead Harrisburg plan attorney Mark Kaufman and his firm, McKenna Long & Aldridge, received an award for its financial restructuring of Pennsylvania's capital. more »
Chicago named one of its financial consultants, Martin J. Luby, as its independent registered municipal advisor to evaluate financing proposals as it seeks to comply with new regulations without stemming creative financing suggestions. more »
Academy Securities, a registered broker-dealer and certified disabled veteran business enterprise, has announced a merger agreement with broker-dealer Carolina Capital Markets. more »
Mitsubishi UFJ Financial Group INC., a Japanese bank and financial services company, aims to become one of the top 10 banks in the U.S. and has identified public finance as a growth area to achieve that goal. more »
California Gov. Jerry Brown appointed Tia Boatman-Patterson, a Democrat, to be executive director of the California Housing Finance Authority. more »
Raymond James is continuing its expansion on the West Coast with the recent addition of an education banker to its public finance group in San Francisco. more »
The managing directors of PFM Group Inc. closed on a capital transaction in which they own all the equity of Philadelphia consulting firm as of June 30. more »
PNC Capital Markets has brought in a pair of public finance professionals to help build up its Ohio business. more »
KNN Public Finance hired public finance veteran Mark Young to lead the firm's new office in Los Angeles and hired Erwin Tam as a vice president in the financial advisory firm's Oakland office. more »

Since the release of the Securities and Exchange Commission's final municipal advisor registration rule in September 2013, the Bond Dealers of America and its members have dedicated significant efforts and resources to work with regulators, educate issuers and ultimately be prepared to make a successful implementation of the rule.

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