
Sarah Wynn covers securities and infrastructure for the Washington bureau.

Sarah Wynn covers securities and infrastructure for the Washington bureau.
In a weekly COVID-19 disclosure report released Tuesday, included among the hundreds of disclosures were two unscheduled draws on debt service reserves.
Charles Doraine settled with the Financial Industry Regulatory Authority on Monday without admitting or denying FINRA’s findings.
MSRB Chief Market Structure Officer John Bagley will join the Federal Reserve Bank of New York for eight months to lend his municipal market knowledge toward the Fed’s new Municipal Liquidity Facility.
At a virtual quarterly board meeting this week, the board discussed its search for the next CEO, which has been affected by the virus.
A federal judge denied the SEC's motion for summary judgement against John Paulsen, setting the stage for a trial.
Issuers say Clayton’s comments on corporate disclosure from earlier this month can be applied to municipal disclosure.
A disclosure filed with the MSRB said two rehabilitation and nursing facilities in Massachusetts were unable to make a scheduled payment due to the coronavirus pandemic.
In a letter sent to the Fed Thursday night, House Financial Services Committee Chairwoman Maxine Waters said she wanted more issuers to participate in the Fed program.
The MSRB's proposal to implement a more strict standard for public board members would impede the recruitment of qualified candidates, ICI said.
BDA and GFOA want the Fed to make its Municipal Liquidity Facility more accessible.
Starting on March 10, ETF prices consistently diverged from benchmark indices and were underpriced for about 10 trading days before converging again.
Due to the coronavirus, a plant in Indiana may not be able to make its bond payments.
Among NABL's asks from Congress is to introduce a direct-pay taxable bond program through a new proposed bill.
The MSRB wants to give dealers and muni advisors more time to implement amended rules and interpretive guidance as well as finish professional qualification and supervisory requirements.
States can still take necessary steps to make crucial changes to their budgets as the coronavirus pandemic hampers the economy.
The Municipal Liquidity Facility will purchase up to $500 billion of short-term notes.
State Departments of Transportation said $50 billion would provide states the ability to meet existing debt obligations.
BDA wants the he Fed to consider a standby, short-term lending facility for states and localities experiencing cash flow timing shortfalls.
Urban areas will get $22.7 billion in formula funds and $2.2 billion will go to rural areas.
Most of the disclosures tracked since the beginning of the year were filed in March, the MSRB said.