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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“State, local governments and their constituents need Congressional help," BDA said in new testimony.
April 8 -
Whistleblower Johan Rosenberg has alleged that the conspiracy cost issuers over $1 billion — $719 million in California, $349 million in Illinois, and $134 million in Massachusetts.
April 4 -
Cannava argues that emails, witness statements, and other evidence cast doubt on the SEC's claims that he acted recklessly.
April 2 -
The lawsuit filed in federal court is now the second national suit alleging fraud in the variable-rate debt market.
March 27 -
Mid-size issuers may be experiencing the greatest impact, with one municipality even reporting that an underwriter withdrew a bid over a disclosure requirement.
March 26 -
Banker Peter Cannava may be left to battle on alone, after the Securities and Exchange Commission and Wells Fargo told a federal court they have an agreement.
March 19 -
The man behind the allegations of widespread VRDO fraud is Bjorn Johan Rosenberg.
March 8 -
The request for comment could be a prelude to a rule amendment dialing back one muni advisor responsibility.
February 28 -
The cap, repeal of which is a priority for state and local groups, will affect nearly 11 million taxpayers, an audit found.
February 27 -
A large municipality with strong legal representation will draw attention, even from those skeptical of whistleblower suits alleging bank fraud in the variable-rate demand obligation market.
February 21 -
The city says firms conspired to artificially raise rates resulting in unjust enrichment.
February 21 -
The ruling represents a second major victory for the anonymous whistleblower who has filed suit in at least four states.
February 19 -
The defendant's claim that he's a victim of the Brogdon nursing home frauds shouldn't cloud the court's decision, the SEC said.
February 14 -
Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.
February 13 -
An SEC muni office official discussed 15c2-12 and more on Tuesday.
February 12 -
The regulator clarified that dealers need not post bid-wanteds on multiple alternative trading systems.
February 7 -
Formal allegations of fraud by banks in the pricing of variable rate debt obligations appeared in a fourth state.
February 7 -
Rules governing financial advisory relationships and CUSIP numbers are under scrutiny.
February 5 -
A lawsuit alleging fraud accusing banks and broker-dealers of fraud in the variable-rate demand obligation market will proceed, an Illinois judge ruled.
February 1 -
Trade reporting and supervisory failures were behind FINRA's action against the New York-based firm.
January 31
