Sarah Wynn

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.

In a letter, three issuer groups made specific recommendations to the Federal Reserve and Treasury.

So far there have been over 200 COVID-19-related disclosures, according to Diver by Lumesis, a financial technology company.

The group is charged with advising MSRB board members on ways to improve EMMA.

Demonstrating compliance with pricing and supervision rules has been challenging in the COVID-19-influenced market.

Morgan Stanley, Ameritas Investment Company LLC and a former Stifel broker agreed this week to pay the fines for violating multiple muni securities rules.

In the MSRB’s first report showing data from March 24, trades topped 87,215, which is likely a record, said Marcelo Vieira, MSRB director of research.

First Manhattan Co. bought municipal securities from an unaffiliated dealer without making a reasonable effort to obtain fair and reasonable prices, FINRA said.

The short-term funding for airports and transit agencies in stimulus bills won’t be a substitute for the stability of long term financing.

The SEC answered questions regarding COVID-19 disclosure in a webinar Thursday and said there would not be relief for issuers' late annual financial filings.

BDA told Fed Chair Jerome Powell that two existing programs could help the muni market overcome the impact of the virus.