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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Conduit issuers and dealers face challenges under the eight monthold municipal advisor registration rule, though most market participants say the new regime is running fairly smoothly.
February 25 -
The Securities and Exchange Commission is still seeking a leader for its Office of Municipal Securities, and is keeping its search open until next month.
February 24 -
Public policy scholar Dall Forsythe will join the Municipal Securities Rulemaking Board as a public member to fill the vacancy created by the resignation of Robert Fippinger, who is becoming the MSRB's chief legal officer.
February 24 -
Securities and Exchange Commission officials are seeking changes to practices in the municipal market and more stringent actions to enforce rules protecting investors.
February 20 -
Jessica Giroux has been promoted to general counsel of the Bond Dealers of America, assuming the number two position in the middle-market dealer group.
February 19 -
A House panel will hold a hearing Feb. 26 on legislation that would allow Puerto Rico government-owned corporations to restructure their debts under Chapter 9 of the Federal Bankruptcy Code.
February 19 -
Municipal advisors remain concerned about one of the key provisions of the Securities and Exchange Commission's municipal advisor registration rule, although communications between issuers and underwriters remain robust nearly eight months after the final effectiveness of the rule.
February 18 -
The Financial Industry Regulatory Authority has fined two firms $370,000 for violating securities rules in their management of Puerto Rico funds, and dinged another firm $50,000 for violating trade reporting requirements.
February 17 -
As regulators push for more disclosure of bank loans, there is confusion about the implications for and obligations of dealers, issuers, and municipal advisors.
February 12 -
The National Federation of Municipal Analysts is preparing to push home its pro-disclosure message this year with a series of new educational papers and efforts to be even more collaborative, new NFMA board chair Jennifer Johnston said.
February 9 -
The Securities and Exchange Commission's disclosure violation self-reporting program has highlighted that issuers and underwriters should take steps to strengthen their disclosure and due diligence procedures to protect themselves from SEC enforcement action, bond lawyers said Thursday.
February 5 -
The Republican parties of New York State and Tennessee will square off against the Securities and Exchange Commission in oral arguments in a federal court March 23 over rules restricting finance professionals from giving money to political candidates.
February 5 -
The Securities and Exchange Commission's requested fiscal year 2016 budget of $1.722 billion would allow the commission to hire hundreds of examination staff and step up enforcement, as well as help the muni office coordinate with self-regulators.
February 3 -
The Municipal Securities Rulemaking Board is preparing to submit a proposal limiting the gifts municipal advisors can give to state and local employees as well as a study guide for its MA qualifications exam to the Securities and Exchange Commission.
February 2 -
Jennifer Johnston, vice president and research analyst in the municipal bond department of Franklin Templeton Investments is the new chair of the National Federation of Municipal Analysts, the NFMA announced Monday.
February 2 -
Sen. David Vitter, R-La., has reintroduced legislation that would prevent the federal government from providing assistance to any state or local government, including loans, loan guarantees, lines of credit, and grants. It would, of course, have exceptions for responses to disasters like Hurricane Katrina.
January 30 -
All individuals engaging in municipal advisory activities should be required to take a new qualifications test, and regulators should consider developing more specialized and supplemental exams at a later time, the National Association of Municipal Advisors told the Securities and Exchange Commission this week.
January 29 -
The Municipal Securities Rulemaking Board is sounding another call for transparency of undisclosed debt such as bank loans, warning that failure to improve disclosure practices could impair market pricing or even threaten the rights of bondholders.
January 29 -
Two former Allen Park, Mich. officials have settled a Securities and Exchange Commission lawsuit against them by agreeing to be barred from involvement in any future municipal bond offerings, and ex-Mayor Gary Burtka agreed to pay a $10,000 civil penalty, according to court documents filed Wednesday.
January 28 -
State and local governments of all sizes are using direct bank loans as an alternative to traditional bond financing, Standard & Poor's said Wednesday, renewing its call for more transparency surrounding bank debt.
January 28
