Far West

National Football League owners approved the Oakland Raiders’ public subsidy-laden move to Las Vegas.

Representatives for municipal advisors and dealers wrote to the MSRB saying it must reevaluate its proposed new advertising rule for municipal advisors and its attempts to harmonize its existing dealer advertising rule with Financial Industry Regulatory Authority requirements.

The University of Oregon is stepping up the pressure on lawmakers to kick in $100 million in state bonds to help pay for two new science buildings in Eugene.

San Francisco's financial position has improved since the publication of its five-year plan in December, though pension funding issues lurk in the background.

D.C. is appealing the IRS determination of taxability on its bonds while a former IRS official faults the developer and bond counsel for violations of tax requirements.

A courtroom hearing next month will determine whether California can issue a portion of nearly $10 billion of voter-approved bonds for its high-speed rail program.

San Jose, Calif. is prepared to issue $640.7 million of airport revenue refunding bonds in a deal city officials expect to generate savings “well in excess” of their policy goals.

The move to a shorter settlement cycle for munis of two instead of three business days after the trade date will take effect on Sept. 5.

Subcommittee members heard testimony about the chances for and potential fallout from attempts to renegotiate the PREPA restructuring support agreement as well as what stakeholders have been doing to help the financially troubled commonwealth.

The MSRB responded to market participants comments about a prior draft of municipal advisor continuing education requirements by making several changes and providing more details about the way an MA firm could implement the proposal.