Sarah Wynn

Passage of the bill Thursday authorizes programs to receive funding, though money would still need to be appropriated through an appropriations process or a comprehensive infrastructure bill.

SEC Chair Gary Gensler's pick for enforcement director resigned just days after being announced.

More and more investors are becoming interested in social impact bonds, though historically Black colleges and universities are paying higher underwriting fees.

The broker exercised discretion in seven customer accounts despite Morgan Stanley no longer allowing discretionary trading.

The MSRB will retire 15 pieces of guidance, though those will still be available online for historical purposes.

The board had planned to abolish the requirement that MAs advising on competitive deals apply for CUSIP numbers, but has now decided to keep the rule as is.

The bonds would include a subsidy rate of 28% and would be exempt from sequestration.

The new director will be familiar with pay-to-play enforcement and public accounting fraud, which are important in the muni space.

Though Republicans and Democrats are far apart on the price tag, there is agreement on the need to invest in physical infrastructure and the need to pay for it.

The PFC is capped at $4.50 and that hasn’t been raised since 2000.