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Illinois Sports Authority Ready With Long-Planned Refunding
July 28, 2014 The Illinois Sports Facilities Authority is playing up the rare tax-exemption from state income taxes and sturdy repayment...

Rock Island County, Ill. Gets Mixed Credit Action
July 25, 2014 One rating agency dropped Rock Island County, Ill. out of the double-A category while another boosted it into the upper ranks,...

Chicago Trust Working on Streetlights, Pools, CTA 4G, and Natural Gas Fueling
July 25, 2014 The Chicago Infrastructure Trust hopes to launch a competitive selection process this fall for private partners in its third...

Chicago School Board Passes Budget Slammed for One-Shots
July 24, 2014 The Chicago Board of Education unanimously approved a nearly $6.8 billion budget even as some board members expressed...

Illinois Governor Signs New Borrowing Bill
July 24, 2014 Illinois Gov. Pat Quinn signed into law Tuesday a $1.1 billion bond-financed transportation package.

Standard & Poor's Goes Negative on Illinois GOs
July 23, 2014 Illinois suffered a setback Wednesday when Standard & Poor's revised its outlook on the state's A-minus rating to negative,...

University of Minnesota Selling Debt for New Healthcare Facility
July 23, 2014 The Regents of the University of Minnesota will sell $141 million of general obligation bonds Thursday to finance construction...

Detroit Workers Vote To Approve Bankruptcy Plan; Some Bondholders Don't
July 22, 2014 Detroitís retirees and employees endorsed the cityís proposed plan of adjustment while holders of the cityís limited tax...

Expert: Detroit, at a 'Tipping Point' Has a Feasible Chapter 9 Exit Plan
July 22, 2014 Despite significant obstacles, Detroit's proposed plan of adjustment to exit its Chapter 9 bankruptcy is feasible, according...

Detroit Plan Vote Sets Stage for Confirmation Hearings
July 22, 2014 With the votes in on Detroit's plan to deal with its $18 billion of debt, the stage is set for confirmation hearings next...


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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