Mary Jo White has been sworn in as the 31st chair of the Securities and Exchange Commission, the SEC announced Wednesday. White, a former U.S. prosecutor known for tackling complicated fraud cases, was confirmed by the Senate Monday after the president nominated her to the post on Feb. 7. "It is an honor to lead the talented and dedicated SEC staff on behalf of America's investors and markets," said White. "Our markets are the envy of the world precisely because of the SEC's work effectively regulating the markets, requiring comprehensive disclosure, and vigorously enforcing the securities laws." She will replace Elisse Walter, who has served as SEC chairman since Mary Schapiro left the commission last December. Walter is expected to remain an SEC commissioner through this year.
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CDIAC's revamped website, which launches May 1, will offer accessibility to state and local debt from issuance through maturity; and the ability to create summary reports based on search features.
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The Governmental Accounting Standards Board is looking for feedback on disclosure requirements related to infrastructure projects.
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The MSRB is warning investors that the redemption of Build America Bonds under an extraordinary redemption provision could result in losses, especially for those purchased at a premium.
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With billions of federal funding available from the Infrastructure Investment and Jobs Act, one observer says it could be limiting the amount of municipal bonds issued by the sector.
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Teague, most recently an executive director of the municipal securities department at Morgan Stanley, will focus on surface transportation.
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Steven Mahr moved to Chicago two years ago, and in March, he moved from Stifel to the city's finance department, where he's now happily tackling tough problems.
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