Far West

A regulatory official and market participants sparred over the merits of the Securities and Exchange Commission's voluntary continuing disclosure enforcement initiative during a panel here on Wednesday while acknowledging the need to improve municipal disclosure.

U.S. Treasury Secretary Jack Lew said concern for the people of Puerto Rico is the primary reason he wants lawmakers to adopt restructuring legislation for the commonwealth.

The Southern California Logistics Airport Authority’s subordinate tax allocation revenue bonds enjoyed a Moody’s Investors Service upgrade to B3 from Caa2.

Montana Gov. Steve Bullocks wants lawmakers to focus on infrastructure in 2017 session.

Preliminary plans to relocate the National Football League’s Oakland Raiders to Las Vegas call for the creation of a Clark County Stadium Authority that would issue up to $750 million of bonds to help finance a new $1.4 billion stadium under a public-private partnership agreement.

Oregon will sell more than $300 million of highly rated general obligation bonds in several tax-exempt and taxable series next week.

Dustin McDonald, the current director of the Government Finance Officers Association’s federal liaison center, is leaving GFOA on Friday to lead the marijuana technology company Weedmaps’ government relations practice.

The future of pension obligation bonds remains cloudy in California in the wake of the haircuts imposed on their holders in the San Bernardino and Stockton bankruptcies.

In a near unanimous vote, the Senate Environment and Public Works Committee on Thursday passed a bill that includes $1.4 billion in federal funding for Flint, Mich. as well as any other community facing a water crisis.

San Bernardino is on track to exit bankruptcy by the end of the year, City Attorney Gary Saenz said.