Kyle Glazier is the Washington Bureau Chief of The Bond Buyer. He has previously covered securities law, the Far West, and markets. He has previously written for the Houston Chronicle, Albany Times-Union, and The Denver Post. He holds a bachelor’s degree in English from Arizona State University and a master’s degree in journalism from the University of Colorado.
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The Securities and Exchange Commission's fraud case against Miami and its former budget director Michael Boudreaux is on hold pending Boudreaux's appeal of the court's decision to invalidate his effort to claim immunity from the lawsuit.
February 7 -
The Municipal Securities Rulemaking Board unveiled an updated look to its EMMA website Feb. 7, with a focus on improving ease of navigation for new users, the MSRB said.
February 7 -
The Securities and Exchange Commission's muni office will spend the coming months implementing the final municipal advisor rule and reviewing MA rule filings by the Municipal Securities Rulemaking Board, but the commission needs more resources to meet its expanded responsibilities.
February 6 -
Convicted bid-rigger Michael Welty and two co-defendants are moving for a new trial, claiming the government suppressed evidence in the form of an email that could have allowed Welty to challenge some of the government's claims against him.
February 5 -
Puerto RicoCongressional and Treasury sources said Puerto Rico won't get direct financial help in the wake of its downgrade.
February 5 -
Convicted bid-rigger David Rubin should pay more than $11,5 million in restitution to 99 municipal victims who have not been compensated for losses they incurred due to "kickbacks" and depressed interest rates resulting from criminal activity, according to U.S. Justice Department filings with a federal court this week.
February 4 -
WASHINGTON The Municipal Securities Rulemaking Board has decided to propose an explicit best execution rule for dealers in the municipal market, MSRB officials said Tuesday, calling it "a very significant development for the municipal market."
February 4 -
The Securities and Exchange Commission will spend the next few years acting on the recommendations in its 2012 municipal market report as well as strengthening muni advisor oversight, according to the SEC's draft strategic plan released Monday.
February 3 -
The growth of shipping fleets is outstripping demand, leading Moody's Investors Service analysts to slap a negative outlook on U.S. ports for the next 18 months.
January 31 -
Dealer groups told issuer officials Jan. 30 that they have many unanswered questions under the Securities and Exchange Commission's registration rule, as broker-dealers work to keep municipalities informed about their efforts to comply with the rule before its July 1 effective date.
January 31 -
The SEC will release more guidance on technical aspects of its municipal advisor registration rule prior to the rule's July 1 effective date, John Cross told issuer officials Thursday.
January 30 -
Sentencing for convicted bid-rigger David Rubin has been pushed back until March 6 because his attorney will not be able to be present during the previously scheduled Feb. 3 date.
January 29 -
The Municipal Securities Rulemaking Board filed with the Securities and Exchange Commission a proposal to consolidate its existing rules on pricing and execution, as well as fair dealing guidance, into a single new fair pricing rule.
January 28 -
The Securities and Exchange Commission's Michael Piwowar said Monday that he has asked the SEC's Office of Municipal Securities to work with him on proposals to improve the market.
January 27 -
Miami and former budget director Michael Boudreaux have requested a jury trial and denied most of the Securities and Exchange Commission's fraud allegations in recent federal court filings.
January 24 -
Securities and Exchange Commission Officials confirmed Wednesday that the SEC's office of enforcement will carry the responsibility of overseeing all of the more than 1,100 registered municipal advisors
January 22 -
The Municipal Securities Rulemaking Board will discuss drafts of rules creating a best execution standard for broker-dealers and establishing supervisory requirements for municipal advisors during its next meeting Jan. 29-31 in Atlanta.
January 22 -
Municipal bankruptcy expert James Spiotto is proposing the idea of public pension authorities to resolve pension issues.
January 21 -
Two recent solicitations for financial advisors in Orlando and Los Angeles illustrate the tensions between dealer and non-dealer advisors, as the Securities and Exchange Commission and Municipal Securities Rulemaking Board begin to put in place a regulatory scheme to create a level playing field between the two.
January 17 - Washington
Moody's Investors Service has placed 256 local government general obligation ratings on review, some for upgrade and some for downgrade, after updating the methodology it uses to evaluate those bonds.
January 16
