Kyle Glazier

The Securities and Exchange Commission will continue to consider possible enforcement actions over pension and other disclosure failures such as those that occurred in Illinois and Harrisburg, Pa., the SEC's muni office chief said Wednesday.

The Securities and Exchange Commission has charged South Miami, Fla. with defrauding investors by negligently making misstatements and failing to disclose actions it took that jeopardized the tax-exempt status of $12 million of bonds.

Existing home sales rose 0.6% to a seasonally adjusted 4.97 million-unit rate in April, following a revised 4.94 million rate in March, the National Association of Realtors announced Wednesday.

A trio of convicted bid riggers deserve prison terms of more than 16 years as well as hundreds of thousands of dollars in fines when they face a judge in July, according to the government's sentencing recommendations.

Securities and Exchange Commissioner Elisse Walter said Monday that despite great progress made in recent years in the regulation of fixed-income securities markets, secondary market disclosure must improve.

The Securities and Exchange Commission's Office of Municipal Securities has added two members to its staff, SEC muni chief John Cross announced Monday.

The House approved on Friday legislation requiring the Securities and Exchange Commission to perform cost-benefit analysis of its regulations, which Republicans characterized as common sense and Democrats decried as an attempt to weaken federal oversight.

President Obama signed a presidential memorandum today that the White House said will modernize the Federal infrastructure permitting process, cutting timelines in half for major infrastructure projects.

Securities and Exchange Commission chairman Mary Jo White told lawmakers Thursday that unfinished Dodd-Frank Regulations are a top priority, and that the SEC needs tough enforcement penalties to maintain order over an increasingly complex market landscape.

WASHINGTON -- Housing starts dropped 16.5% to a seasonally adjusted annual rate of 853,000 in April, the largest decline since a 17.9% fall in February 2011, the Commerce Department reported Thursday.

The Financial Industry Regulatory Authority fined five firms nearly $200,000 for violations of municipal securities rules, and ordered that they pay many thousands more in customer restitution.

The Senate voted 83-14 Wednesday to pass the Water Resources Development Act of 2013, which authorizes federal water program spending and includes a a pilot program that would offer low-interest loans and loan guarantees for water infrastructure projects.

WASHINGTON — Industrial production dipped 0.5% in April after rising a revised 0.3% the previous month, while capacity utilization ticked down to 77.8% from a revised 78.3%, the Federal Reserve reported Wednesday.

The National Federation of Municipal Analysts presented its 29th annual industry awards during its annual conference dinner in San Diego earlier this month.

The House is likely to vote Friday on legislation that would require the Securities and Exchange Commission to conduct a cost-benefit analysis of any new regulations, a move Democrats see as a bid to weaken financial reform.

Managed toll lanes carry greater credit risks than traditional toll roads because they are challenging to implement and subject to extreme traffic volatility, according to a new report from Moody's Investors Service.

Reps. Gwen Moore, D-Wis., and Steve Stivers, R-Ohio, have sent a letter to new Securities and Exchange Commission chairman Mary Jo White urging her to make sure that the SEC's final definition of municipal advisor reflects their bill, which is pending before the House Financial Services Committee.

Business inventories remained virtually unchanged at $1.64 trillion in March, while sales fell 1.1% to $1.27 trillion, the Commerce Department reported Monday.

Retail sales ticked up 0.1% to $419 billion in April after falling a revised 0.5% in March, originally reported as a 0.4% dip, the Commerce Department reported Monday.

A bipartisan team of House transportation leaders have introduced legislation to spend $13.8 billion over five years on water infrastructure through the State Revolving Fund.