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Legislation pending in both the Senate and House would eliminate private activity bond volume caps for water and sewer projects.
By Lynn HumeAugust 23 -
The now-defunct unregistered broker-dealer Core Performance Management, LLC, and four of its former employees settled fraud and MSRB rule violations with the SEC for engaging in municipal bond flipping and kickback scheme.
By Lynn HumeAugust 23 -
They are accused of improperly diverting newly issued municipal bonds to certain broker-dealers for a fee at the expense of retail investors.
By Lynn HumeAugust 14 -
The legislation would require local governments in Michigan to sell most bond issues competitively with seven-days public notice.
By Lynn HumeAugust 3 -
The Municipal Securities Rulemaking Board has selected two individuals representing the public and three from regulated entities from 80 applicants to become part of its 21-member board on Oct. 1.
By Lynn HumeAugust 2 -
The U.S. Department of Agriculture is making grants and low-cost loans available for the improvement or development of rural water and wastewater infrastructure projects to comply with a congressional mandate.
By Lynn HumeJuly 31 -
The Public Employee Pension Transparency Act (HR 6290) would prohibit states and localities from issuing tax-exempt bonds unless they file annual reports on their public pension systems to the U.S. Treasury Department.
By Lynn HumeJuly 27 -
The resource document the MSRB released Thursday is designed to help dealers comply with rule changes on markup disclosures to retail investors that took effect on May 14.
By Lynn HumeJuly 26 -
Rep. Bill Shuster's infrastructure discussion draft would temporarily raise federal fuels taxes for the ailing Highway Trust Fund while a newly created commission would determine how to ensure its long-term solvency.
By Lynn HumeJuly 24 -
The plan for a second tax reform bill is galvanizing municipal market groups to step up lobbying efforts to tout the importance and benefits of munis to lawmakers on Capitol Hill.
By Lynn HumeJuly 24