Kathie O'Donnell

Former WMATA CFO Yetunde Olumide has joined the MSRB as its chief financial officer.

"Compliance should never feel like a game of gotcha," SEC Chairman Paul Atkins said.

"I was disappointed that it didn't go further," said Peg Henry, who launched a municipal securities legal consulting and expert witness services business last year.

The RFC asks a number of questions about the dealer supervisory rule.

"BNY is pleased to have resolved this matter," a BNY spokesperson said.

"I don't think this topic is necessarily gaining traction as an enforcement matter," said Andrew Kintzinger, counsel at Hunton Andrews Kurth LLP.

"We are pleased to resolve this matter," Wells Fargo said in a statement.

"The new office will be smaller, more efficient, and right sized for our future needs," an MSRB spokesperson said.

Green will focus full-time on Democracy Solutions, a firm he launched in March 2024.

BDA's Decker hopeful that the "sensible regulation" trend will continue. 

The municipal advisor area "remains a heavy focus of both the commission's Division of Examinations as well as the Division of Enforcement," Andrew Kintzinger, counsel at Hunton Andrews Kurth, said.

The approved rates will go into effect on Jan. 1.

"We are excited to welcome these eight outstanding lawyers to our partnership," Bracewell Managing Partner Gregory M. Bopp said.

The final judgment in the case was filed Dec. 10 in the U.S. District Court for the Southern District of New York.

The compliance outreach program for municipal advisors and dealers, will be hosted jointly by the SEC, MSRB and FINRA.

"We sued to take a stand against the SROs on principle," an ASA spokesperson said Wednesday in a reference to both the MSRB and FINRA.

"Ultimately, this report is essential because member firm compliance protects investors and safeguards the integrity of our markets," FINRA's Greg Ruppert said.

FINRA found that the firm failed to include the non-transaction-based compensation indicator when reporting 12,066 municipal securities transactions.

"The Nominating Committee's goal is to achieve broad representation of the municipal securities market on the MSRB Board of Directors," the committee's chair said.

"The county will file an appeal," Suffolk County said in the Dec. 1 EMMA filing.