Kyle Glazier

The 28 members of The Bond Buyer's 2019 Rising Stars class are taking on the evolving challenges of the muni market with technology and entrepreneurial zeal.

“The City of Harvey, through no fault of Comer’s and unrelated to Comer’s fiduciary obligations, tainted the district’s offering,” according to the defense.

The MSRB announced Monday that Post will be a “senior advisor” through the end of the month, when the board’s fiscal year ends.

Thomas Muldoon should properly have placed his orders as dealer stock orders, the SEC found, but instead asked representatives to submit them as retail orders.

“A highly sophisticated frequent issuer may not need the same disclosures as a less sophisticated infrequent issuer,” the trade association for underwriters told the SEC.

Two courts have interpreted a legal question key to the VRDO lawsuits very differently.

“Reporting unauthorized transactions is certainly a good first step in building cooperation,” said one lawyer. “But there could be a lot more to it.”

Market participants are questioning IFS' future and how a rogue trader engaged in unsupervised trades.

The evolution of muni advocacy has been in progression for years, though it was further galvanized by the shock and dismay at the 2017 tax reform.

In Schwartz, MSRB loses an experienced lawyer, respected by his peers, as it faces a future without its longtime leader.

Edward Sisk, a managing director and head of public finance at Bank of America Merrill Lynch, will chair the Municipal Securities Rulemaking Board beginning Oct. 1.

The SEC and Bank of Oklahoma differ in what they want a federal judge to do next in the Christopher Brogdon case, though both claim to have investors' best interests at heart.

The complaint filed by Philadelphia and Baltimore fails to rise to the level of specificity needed to prove conspiracy, Wall Street banks told a federal judge.

Clayton noted a trend of issuers being advised that information they supply on EMMA is subject to more anti-fraud scrutiny than information provided in other ways.

Prominent muni market figures will discuss the content and timeliness of disclosure at an SEC committee meeting next week.

The monitorship plan will extend until Sept. 13 for seven assisted living facilities he is trying to liquidate.

The Chicago-based firm adds to the dealer group's voice as it pushes for muni policy measures that have been stalled for years.

Investors will still lose big as the SEC's case against Dwayne Edwards and Todd Barker is now all but over.

Investors are likely to lose millions whether the Atlanta-based financier continues under a court-appointed monitorship or not.

Brogdon's high personal spending and failure to sell his assets spell an end to the usefulness of his repayment plan, the SEC told a federal judge.