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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Non-dealer municipal advisors should not be allowed to act as placement agents for an issuance of bonds, the Securities Industry and Financial Markets Association told Securities and Exchange Commission chair Mary Jo White in a recent letter.
March 20 -
The Municipal Securities Rulemaking Board on Thursday requested approval from the Securities and Exchange Commission to expand the post-trade data displayed on EMMA.
March 19 -
Lawmakers are concerned about the Securities and Exchange Commission's extensive use of administrative proceedings to enforce securities laws in the wake of the Dodd-Frank Act, a trend that has not extended to municipal cases.
March 19 -
Former Miami budget director Michael Boudreaux wants the U.S. Supreme Court to grant him immunity from a Securities and Exchange Commission lawsuit that has attracted a lot of attention from issuer officials and attorneys.
March 18 -
Muni professionals who take a Municipal Securities Rulemaking Board-owned qualifications exam on or after April 1 will pay an increased fee of $150, the MSRB announced this week.
March 18 -
The muni market may learn more about how issuers fared under the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation initiative after they respond next month to a survey from the Government Finance Officers Association.
March 16 -
The total amount of outstanding municipal securities and loans in the market rose 0.6% to $3.65 trillion in the fourth quarter of last year, as U.S. bank muni holdings increased 2.5% and mutual fund muni holdings rose to a record high $658 billion.
March 13 -
Lawyers, issuer officials, and others consulted about the fund agreed that the three firms did nothing against the rules when they gave the money to the fund, which is governed by a board independent of the city leadership and which does nothing to politically support Garcetti or any other political interest.
March 12 -
Peter Taylor, former chief financial officer for the University of California, has been appointed to the California State University Board of Trustees.
March 12 -
Securities and Exchange Commission member Daniel Gallagher is calling for Congress to mandate that municipal issuers use Government Accounting Standards Board benchmarks, possibly as a condition for the bonds to be tax-exempt.
March 10 -
Many bond lawyers feel that with all municipal rating agencies soon to be beaming live ratings to EMMA, the Securities and Exchange Commission should amend its rules so that issuers no longer have to worry about filing notices of upgrades and downgrades.
March 6 -
The Securities and Exchange Commission's enforcement division is contacting dealers who reported their own possible violations of securities laws under a voluntary enforcement program initiated last year, giving them two weeks to decide if they still want to take advantage of the lenient settlement terms.
March 5 -
The National Federation of Municipal Analysts has released a paper on best practices in disclosure for bank loans, an opaque segment of the municipal debt market that is getting increased attention from regulators.
March 3 -
Hospital credits could be hurt if the Supreme Court strikes down federal health insurance subsidies established by the Affordable Care Act, Moody's Investors Service said Tuesday.
March 3 - Alaska
Alaska plans to issue $163 million of bond anticipation notes and $95 million of general obligation bonds later this month.
March 2 -
Moody's Investors Service ratings will be available on the Municipal Securities Rulemaking Board's EMMA website later this year, ending the rating agency's long holdout from the site.
March 2 -
The Securities and Exchange Commission has approved the Municipal Securities Rulemaking Board's proposal to create baseline standards of professional qualification for municipal advisors.
March 2 -
New York City public advocate Letitia James has filed a friend of the court brief in support of the Securities and Exchange Commission's pay-to-play restriction on investment advisers, which is under attack in a lawsuit filed by two state Republican parties last year.
February 27 -
Legislation that would allow government-owned corporations in Puerto Rico to reorganize through Chapter 9 may face an uphill battle after drawing a lukewarm reception from Republicans on a House panel Thursday.
February 26 -
Par volume traded for municipal securities was $2.77 trillion in 2014, the lowest volume in over a decade, according to the Municipal Securities Rulemaking Board fact book released Wednesday.
February 25
