
Sarah Wynn covers securities and infrastructure for the Washington bureau.

Sarah Wynn covers securities and infrastructure for the Washington bureau.
Since a temporary exemption allowing muni advisors to facilitate certain private placement deals expired, a federal court cannot strike it down, the SEC argued.
President Joe Biden's pick for transportation secretary took questions from a Senate panel on how the nation might pay for robust infrastructure.
This will be MSRB’s first board meeting of the calendar year.
This would be the Government Finance Officers Association's first best practice document on ESG.
A handful of government representatives will give advice on 529 plans in the MSRB's Municipal Fund Securities Advisory group.
The group specifically revised six of its model disclosure documents for risk disclosure including floating rate notes, fixed-rate bonds, interest rate swaps, forward delivery bonds, tender offer bonds and variable rate demand obligations.
The new Democratic Senate majority makes the path to enacting muni-friendly policy easier than it has been for years.
His experience as an active regulator as head of the Commodities Futures Trading Commission may transfer to his new post.
Dealers said the pandemic has highlighted the challenges of outdated rules and the need to modernize them.
A judge said that the lawsuit filed on behalf of California accusing major banks of colluding to inflate VRDO interest rates did not allege the means of the conspiracy.
Chao tweeted her resignation on Wednesday following violent turmoil in the U.S. Capitol.
Ross expects 2021 to be another challenging year and plans to work vigilantly with other muni market stakeholders.
Sources expect funding to be put to use quickly compared to the CARES Act since many cities since stood up programs to provide pandemic related aid to households and small businesses.
Lynnette Kelly started new positions at the Financial Accounting Foundation and at the Milken Institute.
Sources say pricing of bonds will be a prevalent issue in 2021 following comments made by bipartisan SEC commissioners.
The program has drawn comparisons to the Securities and Exchange Commission's MCDC.
The MSRB is planning to overhaul existing rules in 2021, while stakeholders will lobby the SEC for and against reviving a registration exemption for muni advisors.
Republican Commissioner Elad Roisman was named SEC acting chair and is unlikely to push any major initiatives in his short time, but he does have a focus on fixed income markets.
Sen. Charles Grassley of Iowa's ask seems unlikely given that tax law originates in the House and incoming President Joe Biden's proposals to increase taxes.
Sources see ways to get more investment in infrastructure with municipal bond provisions, but bipartisanship will be essential.