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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 Detroit’s retirees and employees endorsed the city’s proposed plan of adjustment while holders of the city’s 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...

Court Expert: Detroit Chapter 9 Plan Feasible
July 21, 2014 Detroit's proposed plan of adjustment to deal with its $18 billion debt load is feasible, the municipal finance expert witness...

University Of Chicago Drops One Notch
July 18, 2014 Moody's Investors Service lowered the University of Chicago's rating one level to Aa2 as the school prepares to take on more...

Tab Being Calculated for Illinois Retiree Healthcare
July 18, 2014 Illinois faces an additional $128 million tab for retiree health insurance due to the recent Illinois Supreme Court decision...

Illinois Sports Authority Readying Refunding
July 17, 2014 The Illinois Sports Facilities Authority is hoping to bring a roughly $278 million refunding to market this summer as it looks...

Illinois Republican Candidate Unveils Tax Plan
July 17, 2014 The Republican candidate for Illinois governor unveiled a proposal to overhaul the state's tax system that calls for phasing...


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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