Kyle Glazier covers markets, infrastructure, and the Far West for The Bond Buyer. He has previously covered the securities beat. Kyle is focused on Far West issuers in Northern California, Oregon, Washington, and Alaska, and writes about national topics including pensions. 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.
Three firms and an individual were fined a total of $187,500 for a range of rule violations related to the use of alternative trading systems, spending during rating agency trips, unsuitable trading, and untimely reporting of munis.
The Municipal Securities Rulemaking Board’s net assets rose about $5.1 million to $74.4M in fiscal 2017, according to audited financial statements, adding to a healthy reserve the MSRB said it needs to ensure uninterrupted operations.