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 Financial Industry Regulatory Authority announced Thursday that it has fined Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. LLC $1 million and ordered the company to pay $188,000 in restitution plus interest for violations of municipal and corporate bond rules.
August 22 -
The Municipal Securities Rulemaking board has released new guidance for issuers in deciding when to hire and how to compensate municipal advisors.
August 20 -
The Financial Industry Regulatory Authority fined four firms and two individuals a total of $270,000 for violations of municipal securities rules, FINRA announced this month.
August 19 -
Michael Piwowar has officially joined joined the Securities and Exchange Commission after taking the oath as its newest commissioner Thursday.
August 15 -
Issuers, non-dealer municipal advisors, and financial reform advocates are upset that the Municipal Securities Rulemaking Board' "public members" continue to have close ties to dealer firms, complaining this undermines the Dodd-Frank Act intent that the board be majority public.
August 15 -
Seeking to avoid the implementation of further continuing disclosure regulations, the National Association of State Auditors, Comptrollers, and Treasurers has released new best practices urging state governments to voluntarily disclose nearly all financial and economic data.
August 14 -
The National Association of Bond Lawyers has announced a slate of officer and director nominees the group will vote on at NABL's annual meeting Sept. 25 in Chicago.
August 13 -
The Municipal Securities Rulemaking Board has released a continuing disclosure guide providing issuers with a road map of their obligations under MSRB rules, citing a slew of recent federal enforcement actions in which issuers sometimes failed to file the required information.
August 12 -
Kara Stein took her oath as the newest member of the Securities and Exchange Commission Friday, bringing to a close the SEC career of Elisse Walter.
August 9 -
The Bond Dealers of America will issue a report on municipal bankruptcy in the wake of Detroit's filing last month, and will also release a best execution proposal for the municipal market, the group's leaders recently said.
August 9 -
The Municipal Securities Rulemaking Board has for the first time has made public its policy on interpretive guidance, an action the MSRB said is consistent with its focus on regulatory clarity and efficiency.
August 9 -
The Municipal Securities Rulemaking Board is close to releasing a notice aimed at helping issuers avoid a "disclosure vacuum" similar to the one that brought federal enforcement actions down on Harrisburg, Pa. earlier this year.
August 8 -
The Municipal Securities Rulemaking Board is seeking input from municipal market participants on whether it should require broker-dealers to seek "best execution" of customer orders for municipal securities and how this concept can best be applied to munis.
August 6 -
The Securities and Exchange Commission on Tuesday charged UBS Securities with violating securities laws while structuring and marketing a collateralized debt obligation by failing to disclose that it retained $23.6 million in upfront cash it received in the course of acquiring collateral for the CDO.
August 6 -
Elisse Walter is leaving the Securities and Exchange Commission, but the commissioner and former chairman who worked to shed more light on the municipal market is confident her colleagues will carry on the push for increased transparency when she leaves after five years.
August 5 -
The Senate confirmed Michael Piwowar and Kara Stein as members of the Securities and Exchange Commission by unanimous consent Thursday evening.
August 2 -
The Municipal Securities Rulemaking Board is seeking input from market participants on whether it should collect pre-trade pricing information from broker-dealers and make it available over its online EMMA system.
July 31 -
Alternative trading system operator BondDesk has teamed up with market information company Fabkom to distribute bid-wanted requests in a move the companies said will help retail investors get better prices.
July 31 -
The Municipal Securities Rulemaking Board on Tuesday named new officers and board members who will assume their posts Oct. 1.
July 30 -
Twelve dealer firms are asking the Municipal Securities Rulemaking Board to adopt further restrictions on bond ballot contributions by broker-dealers, and each of those firms has pledged a two-year moratorium on making any such contributions related to bonds they seek to underwrite.
July 29
