Kathie O'Donnell

MSRB's goal is to address the public comments it received and to file a new rate card with the SEC before the end of the year, a spokesperson said.

MSRB appreciates "the robust stakeholder engagement and response" to its requests for feedback on both the rate card and a municipal fund securities concept release, Board Chair Bo Daniels said.

Working in the public interest was "very satisfying," the longtime SEC lawyer said.

FINRA fined three individuals a total of $40,000, a settlement document shows

Responses to an MSRB request for comment indicated broad support for an option designed to modernize delivery of municipal fund securities disclosure documents, but there was less unanimity regarding the need for a stand-alone time of trade disclosure rule.

The MSRB's rate card RFI and municipal fund securities will be among agenda topics at next week's quarterly board meeting.

"Settlor's remorse" is no justification for upsetting a settled order, SEC says.

States could face some difficult times ahead, experts say.

In a 52 to 44 vote Wednesday, the Senate voted to confirm the nomination of President Trump's pick to lead the SEC.

The top 25 state and local pension funds alone have seen the value of their public equities investments drop by a total of nearly a quarter of a trillion dollars in 2025, with roughly $169 billion of those losses coming during the four trading days that followed the Trump administration's April 2 announcement on global tariffs, a think tank said Wednesday.

As an alleged fraud scheme puts a spotlight on due diligence, some say it may be time to rethink practices in that area amid the rise of AI.

Fallout from the Legacy Cares deal includes bondholder lawsuits against the underwriter and bond counsel, payment defaults, a Chapter 11 bankruptcy, and now fraud charges from the SEC and DOJ.

The SEC and DOJ announced charges in connection with municipal bonds issued for the Legacy Cares sports complex in Arizona, which defaulted and went bankrupt.

President Trump's bid to close the Department of Education could put added pressure on some charter school credits, muni market sources said.

Mary Simpkins, who joined the SEC's Office of Municipal Securities in November 1997, is retiring.

United First Partners was fined for reporting and supervisory rule violations as part of a wider FINRA disciplinary action involving the firm.

The American Securities Association's federal appeals court case regarding an SEC order has been stayed until Aug. 13.

NewEdge Securities was also ordered to pay disgorgement of $750,746 plus interest.

Natural disaster disclosure warrants 'a special focus,' NFMA's 2025 chair says.

The MSRB has said it is amending a pending rule change that would greatly shorten the reporting time standard for municipal bond trades, which could cause problems for certain transactions, dealer firms said.