Far West

The Municipal Securities Rulemaking Board must now have at least one municipal advisor representative board member present to constitute a quorum under a rule change it filed with the Securities and Exchange Commission on Friday.

The Securities and Exchange Commission voted unanimously on Thursday to finalize new open-end fund liquidity requirements that market participants said would hurt the industry by damaging the funds' appetites for munis.

Lawmakers gave the California Infrastructure and Economic Development Bank approval to hire new staff, growing employee numbers by nearly one-third.

Two voter opinion polls differ on the likely outcome of Austin's $720 million mobility bond referendum.

S&P Global Ratings said it anticipates lowering Alaska’s various credit ratings one notch after the state closes the pension obligation bond deal it plans this month.

Hawaii's test of a road user revenue plan may involve sending motorists mock mileage bills that highlight the potential fees.

California has enhanced its ability to borrow money cheaply and nudged its credit rating into high-grade territory amid a period of rising investor clamor for its bonds, according to the annual Debt Affordability Report from State Treasurer John Chiang.

Vallejo, Calif. received a ratings boost from S&P Global Ratings partly based on anticipation that a temporary sales tax measure could be made permanent in November.

Securities and Exchange Commission examinations of municipal advisors over the past two years found fiduciary duty and fair dealing violations, said SEC officials who cautioned the number of MA exams will increase in 2017.

Nevada Gov. Brian Sandoval has called a special legislative session to consider financing for a National Football League stadium in Las Vegas.