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 municipal advisor registration rule will appear in the Federal Register Nov. 12, starting the 60-day countdown until it becomes effective Jan. 13.
November 11 -
The Securities and Exchange Commission Friday announced that LeeAnn Gaunt will lead its enforcement division's municipal securities and public pensions unit, replacing Elaine Greenberg, who left to join a law firm.
November 8 -
The SEC's enforcement action against participants in the Regional Events Center Public Facilities District's arena deal shows that the commission will not shy from seeking financial penalties against municipal issuers and transaction participants, market participants said.
November 7 -
Securities and Exchange Commission chairman Mary Jo White said Wednesday that a 2012 risk alert on whether underwriters are doing enough to ensure the accuracy of offering documents is an example of how behind-the-scenes SEC action protects investors.
November 6 -
Leaders of the Senate Environment and Public Works Committee chairman Barbara Boxer, D-Calif., have appointed six senators to join them on the conference committee that will reconcile two versions of water legislation, one of which contains a public-private partnership pilot program.
November 5 -
The Greater Wenatchee, Wash., Regional Events Center Public Facilities District has agreed to pay $20,000 the first financial penalty the SEC has assessed against a municipal bond issuer to settle Securities and Exchange Commission charges that it misled investors of bonds used to finance the construction of an events center and ice hockey arena.
November 5 -
The Municipal Securities Rulemaking Board announced Monday that it has begun a multi-year campaign to expand outreach to state and local issuers, emphasizing how they can use the MSRB's EMMA website for disclosure compliance and education.
November 4 -
Dealer groups are telling the Municipal Securities Rulemaking Board that they worry too much pricing data will confuse investors and hurt the secondary market.
November 1 -
Groups active in the municipal market are urging federal agencies to exempt tender option bonds and nonprofit and state agency student loan organizations from risk retention rules imposed by the Dodd-Frank Act.
October 31 -
The Securities and Exchange Commissions chief administrative law judge has dismissed a commission order instituting cease and desist proceedings against two UBS Financial Services, Inc. of Puerto Rico executives for allegedly misleading mutual fund investors.
October 30 -
Miami and its former budget director Michael Boudreaux are urging a federal district court to dismiss the securities fraud charges the Securities and Exchange Commmision filed against them in July for disclosure failures.
October 29 -
The Municipal Securities Rulemaking Board is prioritizing a best execution rule for the municipal market, and also decided rules governing municipal advisors, beginning with a fiduciary duty rule.
October 28 -
Federal regulators should employ different approaches to different financial markets in implementing the Volcker Rule, according to a report issued by the Bipartisan Policy Center.
October 24 -
The Municipal Securities Rulemaking Boards board of directors will discuss a possible best execution rule and municipal advisor regulation during its meeting in Alexandira, Va. this week, the MSRB announced.
October 21 -
The executive board of the Government Finance Officers Association has approved best practices on pension funding, bank loans, and the investment of bond proceeds.
October 17 -
Sentencing for convicted bid-rigger David Rubin has been pushed back to Dec. 3 from Oct. 18, at the request of defense attorneys who said they needed more time to prepare an analysis disputing the $11.5 million of restitution federal prosecutors are seeking.
October 17 -
The Securities and Exchange Commission's Office of Municipal Securities will gain another attorney next month when Goldman Sachs' Edward Fierro comes aboard Nov. 4.
October 16 -
Broker-dealer firms can do more to manage conflicts of interest in their businesses, including by taking steps to deal more transparently with retail investors, according to a report published by the Financial Industry Regulatory Authority.
October 15 -
Representatives of the big three rating agencies told non-dealer municipal financial advisors to expect more questions for their clients about pension obligations in the wake of Detroits bankruptcy filing. However, new pension and general obligation bond metrics are unlikely to cause a widespread drop in muni credits, they said.
October 11 -
Non-dealer municipal advisors are unsure which employees at their firms must register as MAs under the Securities and Exchange Commissions new rule, and want further guidance from both the SEC and Municipal Securities Rulemaking board about how their businesses will be affected by the rule.
October 10
