
Sarah Wynn covers securities and infrastructure for the Washington bureau.

Sarah Wynn covers securities and infrastructure for the Washington bureau.
A bus line in Flagstaff received $17.3 million in grants to relocate its connection center and buy zero emission buses.
The repeal will help states and cities move forward with bonding and future projects, especially as spring construction season is around the corner.
The Municipal Securities Rulemaking Board assigned muni market veterans to give input on rules and transparency related to municipal fund securities.
The winner is Christian Beltran, a student at the University of Southern California’s Sol Price School of Public Policy.
In a working paper paper released by the Volcker Alliance on Wednesday, researchers said states need to do a better job of disclosing their infrastructure needs.
Securities and Exchange Commission Chair Jay Clayton seemed noncommittal on a proposed exemptive order for municipal advisors.
Matt Posner started his new role as director of market structure-transparency on Monday.
About 27% of public and private universities will see a decline in net tuition per student in fiscal year 2020.
Though enforcement cases slightly decreased this past year, lawyers say the Securities and Exchange Commission is just as aggressive as ever.
“The channel doesn’t matter in terms of responsibility for the information,” said SEC Chairman Jay Clayton.
If the proposal is approved, the timing of issuers' annual financial disclosures would be prominently displayed as soon as the beginning of 2020.
The changes will slim down underwriters' disclosures to issuers, which many believed had become too lengthy and wordy to be useful.
Data on default rates shows that while there has been improvement in consistency between corporate and muni ratings, there is still work to be done.
At an SEC Fixed Income Market Structure Committee meeting on Monday, participants suggested giving out awards to incentivize issuers to submit timely financial information.
As the House of Representatives votes to approve next steps in President Donald Trump's impeachment inquiry, the muni market considers the possible impact.
The committee's discussion will begin with a municipal issuers’ structured disclosures discussion, featuring issuers, regulators, and others.
Dealer groups believe that some sections of the proposed amended guidance such as complex financing and disclosure standards would add complexity to the rule.
Baker McKenzie created a new group to integrate regulation and enforcement in a move to align with the Securities and Exchange Commission's practices.
The Municipal Securities Rulemaking Board plans a review after pressure from Sens. John Kennedy and Elizabeth Warren to change the makeup of its membership.
Municipal market participants got some comfort about their fraud liability if they act in good faith on interim financial disclosures.