Mesirow Hires Senior Underwriter
Chicago-based Mesirow Financial has hired veteran bond underwriter Stephen "Jay" Murphy to bolster its municipal desk.
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Puerto Rico Gov. Alejandro García Padilla appointed Victor Suárez Melendez as his new chief of staff Sept. 19. more »
National Association of Bond Lawyers members elected the groups' officers for 2014-2015 on Wednesday during NABL's annual meeting. more »
Mizuho Bank hired John Castanon as a director in its public finance investment banking group. more »
William Beatty, Washington State's director of securities, became president of the North American Securities Administrators Association on Tuesday. more »
Former Metro-North Railroad president Howard Permut is joining Regional Plan Association as a senior fellow. more »
The National Association of Bond Lawyers has many ongoing projects, including completing an analysis of the long-term implications of a self-reporting disclosure enforcement program, commenting on the SEC's 2012 municipal market report, and providing regulators with its views on tax issues, said its incoming president Antonio "Tony" Martini. more »
Janney Montgomery Scott LLC promoted 17-year industry veteran Kevin Reed to head its wealth management division, part of an effort to expand and enhance the firm's products and services. more »
Dave Sanchez, a lawyer who previously worked in the Securities and Exchange Commission's Office of Municipal Securities, has launched a new practice that will focus on securities law compliance for issuers and municipal advisors. more »
Jim "J.R." Robertson, whose career in municipal finance spanned more than four decades, died at home in Estes Park, Colo., on Aug. 31. He was 87 years old. more »
Two-term Indiana Treasurer Richard Mourdock resigned four months before the end of his term, prompting Gov. Mike Pence to appoint long-time public finance figure Dan Huge as interim replacement. more »
The Municipal Securities Rulemaking Board has hired former BondDesk Trading LLC president John Bagley as its chief market structure officer, the MSRB announced Wednesday. more »
University of Pennsylvania economist Kevin Gillen is the keynote speaker at the Sept. 26 meeting of the Philadelphia Area Municipal Analyst Society. more »
The Puerto Rico Electric Power Authority appointed Lisa Donahue as its chief restructuring officer citing her successful experiences turning around distressed large companies. more »

Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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