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 Supreme Court has declined to hear the case of ex-Miami, Fla. budget director Michael Boudreaux, sending the former official and the city back to court to fight a Securities and Exchange Commission lawsuit in a move some lawyers fear could hurt municipal officials' abilities to do their jobs.
June 29 -
The Supreme Court's Thursday ruling that upheld the legality of federal subsidies under the Affordable Care Act is a win for the hospital sector that provides some stability through the remainder of the Obama presidency, analysts said.
June 25 -
The traditional funded ratio of state and local pension plans rose for the first time since the financial crisis and may continue to rise in coming years, according to a new study by the Center for Retirement Research at Boston College.
June 23 -
OregonA bill that would allow an Oregon authority to issue bonds for projects in other states is headed for the governor's desk after passing through the state Senate this week.
June 17 -
AlaskaThe Alaska legislature passed a budget that avoided a possible government shutdown next month, though the state still faces a major shortfall and will need to take action if oil revenues do not improve.
June 16 -
The Municipal Securities Rulemaking Board has added a new feature to its EMMA website that allows users to locate disclosure information that might otherwise be difficult to find in cases where new CUSIP numbers are assigned to portions of bonds after issuance.
June 16 -
Municipal securities dealers are worried that their participation in the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation initiative could cause them problems with multiple regulators, and have asked the SEC for reassurance that their businesses will not be impeded because they chose to report under the MCDC.
June 12 -
The Municipal Securities Rulemaking Board is proposing to ease the standard of independence for one of its public board member positions.
June 11 - Wyoming
The Wyoming Infrastructure Authority has named Jason Begger as its new executive director, replacing Loyd Drain who will step down at the end of next month.
June 11 - California
A pair of California state senators on Wednesday introduced a proposed amendment to the Golden States constitution that would increase property tax revenues by increasing the assessed value of most businesses.
June 10 -
The United States Supreme Court is poised to decide whether or not to hear the case of former Miami budget director Michael Boudreaux, whose attorneys told the nation's top court it should accept the case to decide an important question of how exposed municipal officials should be to federal government lawsuits.
June 9 -
OregonThe Oregon Senate is considering legislation that would allow the Oregon Facilities Authority to issue bonds for projects reaching beyond the Beaver State's borders.
June 8 -
A federal appeals court denied the appeals of a trio of convicted bid-riggers Thursday in a ruling that could have lasting effects for future fraudsters.
June 5 -
The Securities and Exchange Commission's Office of Municipal Securities hired two new attorney fellows recently, the chief of that office confirmed this week.
June 4 -
Municipal issuers spent $2,000 to $18,000 to do continuing disclosure reviews under the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation Initiative and the vast majority of them felt they were forced to do them, the Government Finance Officers Association said during a spirited panel discussion here Tuesday.
June 2 -
A number of market participants want a sophisticated issuer exemption to the Securities and Exchange Commissions municipal advisor registration rule, but a leading official in the SECs Office of Municipal Securities said Monday that the rule is too new for that.
June 1 -
Dealer groups and banks remain highly concerned that the Municipal Securities Rulemaking Board's proposed core municipal advisor rule could limit the services they offer, while non-dealer advisors told the Securities and Exchange Commission that the proposal needs more clarification in several ways.
June 1 -
The Government Finance Officers Association is trying to galvanize public officials to pressure federal banking regulators into more permissive rules classifying municipal securities as high-quality liquid assets under the liquidity coverage ratio (LCR) rule adopted last year.
June 1 -
Municipal issuers need to be prepared to fight against Securities and Exchange Commission efforts to directly regulate them, members of the Government Finance Officers Associations' Committee on Governmental Debt Management said Saturday.
June 1 -
The Securities and Exchange Commission should not approve the outline for the Municipal Securities Rulemaking Board's Municipal Advisory Representative Qualification Examination because it takes an inappropriate "one-size-fits-all" approach, the Investment Company Institute told the commission in a comment letter.
May 28
