Connor Hussey is a reporter for the Bond Buyer. Before settling on municipal securities, he covered many facets of the finance industry, including private equity for Private Equity International and Private
Funds CFO, as well as tax for the International Tax Review and financial law for the International Financial Law Review. He has a B.A. in Economics and English Literature from the University of Maine.
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The action does not have immediate implications for municipal issuers but could give the muni market a sense of how the SEC is beginning to think about cybersecurity risks.
July 27 -
The organization's first ever recommended best practices for State Revolving Funds will be available for public comment through Sept. 30.
July 25 -
The bill will move onto the Senate in hopes of reaching President Biden's desk before the current Federal Aviation Administration authorization expires on Sept. 30.
July 21 -
Cincinnati-based Fifth Third Securities is the seventh firm charged by the Commission for failing to comply with the appropriate disclosures in connection with the limited offering exemption.
July 20 -
The proposed change to a one-minute reporting window will be discussed at the Municipal Securities Rulemaking Board upcoming quarterly meeting.
July 20 -
Despite efforts to pinpoint the problems that stand in the way of data standardization, solving those issues is still a long way off, panelists at the Brookings Municipal Finance Conference said.
July 19 -
The rule amendments would create an exemption for previously qualified municipal advisors to forego requalification after a lapse in working for a municipal advisor.
July 18 -
The SEC has adopted amendments that will increase minimum liquidity requirements, among other features but will only affect the muni market on the margins.
July 13 -
Vern Breland has been permanently barred from participating in any municipal securities issuance after he and the city's municipal advisor were charged with misleading investors on two offerings.
July 10 -
The SEC has settled with Robert Benecke and his firm Benecke Economics for acting as an unregistered MA in a case that is emblematic of the growing problem regulators and advisors alike face.
July 3 -
The FAA's reauthorization is facing trubulence before its expiration in September, but the enormous amount of cash airports have received from recent legislation situates them well regardless.
June 27 -
Capital Markets Advisors and Richard Ganci have called for partial judgment in their defense against Securities and Exchange Commission claims that they misled investors, ignored signs of financial distress and that they failed to disclose material conflicts of interest to nearly 200 municipal clients.
June 26 -
The Economic Development Administration, which hasn't been reauthorized in close to twenty years, should focus on grants, workforce development, and disaster relief, local leaders said.
June 21 -
Jerry Ford returns to fill the slot left open by Jill Jaworski.
June 15 -
The refusal to hear Ohio's case is the second time this year the Court has declined to take up challenges to ARPA.
June 14 -
ASA has added a new vice president and head of public affairs, months after they added muni advocacy veteran Jessica Giroux to its roster.
June 12 -
The Securing Growth and Robust Leadership in American Aviation Act would reauthorize the Federal Aviation Administration before its funding expires in September.
June 9 -
Molloy will be leaving the banking giant for the nonprofit sector. Dan Tomson and Paul Creedon, co-heads of public finance, will be taking over his responsibilities.
June 9 -
The MSRB has received approval from the SEC for its amendments to Rules G-12 on uniform practice and G-15 on confirmation, clearance, and settlement practices.
May 31 -
FINRA has charged Crews and Associates $50,000 and its former head trader and CEO $30,000 for selling municipal bonds with markups and for failing to maintain a supervisory system.
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