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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CaliforniaA coalition in California is pushing to amend property tax limits created by 1978s Proposition 13, which remains central to understanding both state and local California credit.
May 28 -
The Securities and Exchange Commission has approved the Municipal Securities Rulemaking Boards proposal to collect additional post-trade data for EMMA, the MSRB announced late Tuesday.
May 27 - Washington
The recent drought emergency declaration in Washington State provides a short-term credit positive development for the agricultural communities in the central and eastern portions of the state, Moody's Investors Service said.
May 26 - California
The Orange County Water District's approval of a non-binding term sheet to purchase water from Poseidon Water's proposed Huntington Beach, Calif. desalination plant is a credit positive , Moody's Investors Service said.
May 26 -
Municipal issuers and dealers hope that the Federal Reserve's proposal to include uninsured investment-grade general obligation bonds as high-quality liquid assets under the Fed's liquidity coverage ratio requirement rule spurs other banking regulators to do the same.
May 22 -
The Board of Governors of the Federal Reserve System has proposed a rule that would amend the Feds liquidity coverage ratio requirement (LCR) to include some uninsured investment-grade general obligation municipal securities as high-quality liquid assets (HQLA), a move market participant have said matters little unless other regulators follow suit.
May 21 -
The Securities and Exchange Commission on Thursday charged an Atlanta-based investment advisory firm and two executives with fraud for allegedly selling investments to pension funds for the city's police and firefighters, transit workers, and other employees that were illegal under state law.
May 21 -
The Securities and Exchange Commission has announced that Jessica Kane will be the new director of the SECs Office of Municipal Securities and that Rebecca Olsen will be deputy director.
May 20 -
Municipal market trading volume fell 13% from the first quarter of last year, according to statistics released by the Municipal Securities Rulemaking Board on Tuesday.
May 19 -
The Financial Industry Regulatory Authority fined a dealer firm and fined and suspended an individual for violations of Municipal Securities Rulemaking Board rules, FINRA revealed in its monthly disciplinary report for May.
May 18 - Washington
The economic decisions municipal governments are making right now could serve as a good guide to how they might behave under fiscal stress, Public Financial Management managing director Michael Nadol told muni analysts Friday.
May 15 -
Federal aid for Puerto Rico and its cash-strapped issuing authorities is not going to happen, former governor Luis Fortuño told municipal analysts Thursday.
May 14 -
Any well-publicized enforcement action over whether bank loans should be treated as securities would certainly provide some guidance on this issue, Municipal Securities Rulemaking Board executive director Lynnette Kelly told muni analysts meeting here.
May 14 -
The National Federation of Municipal Analysts presented awards to six muni market professionals during a luncheon at its annual conference in Las Vegas Wednesday.
May 14 -
Dont fear the Fed and looming interest rate increases, a senior economist at Bank of America Merrill Lynch Global Research told municipal analysts meeting here Wednesday
May 13 -
The Securities and Exchange Commission has frequently pursued recent municipal market enforcement actions in federal court rather than in front of its own administrative law judges, where critics have charged that the SEC enjoys a distinct home field advantage.
May 11 - California
The California State Water Resources Control Board's new water conservation mandate will reduce revenues available to pay bondholders, Fitch Ratings said.
May 8 -
The annual average length of time between the end of the fiscal year and the date on which audited financial statements were submitted to EMMA was 448 days in 2014, sharply above the average of 342 days in 2013, a Municipal Securities Rulemaking Board report found.
May 6 -
A bipartisan coalition of House members has introduced legislation that would require federal banking regulators to treat certain municipal securities held by large banks and other financial institutions as high-quality liquid assets
May 4 -
The Financial Industry Regulatory Authority faced criticism from House Republicans Friday wondered if the broker-dealer self-regulator is too heavy-handed with small firms.
May 1
