
Sarah Wynn covers securities and infrastructure for the Washington bureau.

Sarah Wynn covers securities and infrastructure for the Washington bureau.
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.
Tax-exempt municipal yields rose substantially last week causing the MSRB to take a look at trade data, said John Bagley, MSRB chief market structure officer.
Hotels and restaurants are losing as much as 50% of their business in the District of Columbia due to the coronavirus.
As COVID-19 impacts the U.S. economy, muni market participants want to bring back tax-exempt advance refunding, raise the cap on bank-qualified debt, among others.
Congressional offices may decide to minimize or ban face-to-face meetings as virus concerns grow.
Richard Li, a pubic debt specialist for the city of Milwaukee, compared disclosing COVID-19 to disclosing a hurricane hitting localities on the Atlantic coast.
Sources say action on the SEC's proposed exemptive order has slowed, though it could garner attention at next week's conference.
Rep. Steve Stivers, R-Ohio, is looking to attach tax-exempt advance refunding to an appropriations bill or other suitable legislation.
The MSRB's annual fact book showed that trading volume dipped 14% year over year.
The longtime muni lobbyist is now BDA's vice president of policy and research, after having played a less formal role over the past year.
Walter told The Bond Buyer she has been hearing the same push for transparency since her start at the SEC.