Yesterday’s story about remarks at a federal policy conference inaccurately described how the Internal Revenue Service plans to process payment requests for direct-pay Build America Bonds. IRS officials stated that while staff will manually evaluate applications for the payments, the actual payment delivery system is automated. They said the entire process from evaluation to delivery of payments will take 45 days.
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The SEC has won a partial victory against Choice Advisors and its principal Matthias O'Meara for their role in acting as unregistered brokers and for engaging in a fee-splitting arrangement.
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The trio have decades of experience in high yield and investment grade portfolios and will launch new high-yield investment strategies and vehicles for Rockefeller.
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"The rating action reflects our view of MIA's substantial demand, which surpasses pre-pandemic activity, and its leadership in enplanement growth for large hub airports since the fiscal 2019 peak," said S&P's Nora Wittstruck.
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A state ban on bond underwriters that "boycott" or "discriminate" against the fossil fuel or firearms industries has resulted in fewer banks providing municipal financial products and services.
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The company expects construction to take four years, with operations beginning in summer of 2028 ahead of the Los Angeles Olympics.
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Los Angeles Mayor Bass' proposed $12.8 billion spending plan aims to close a $467 million deficit.
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