Far West

Recent opinions issued by the California attorney general’s office may have some municipal advisors and broker-dealers treading carefully to avoid breaking Municipal Securities Rulemaking Board rules.

Municipal Market Analytics expects that more California water utilities could experience bond covenant violations as they adjust to lowered revenues from conservation efforts.

Municipal market participants on a panel here Tuesday said continuing disclosure is improving and credited the SEC's voluntary enforcement initiative with giving it a boost. They also had positive things to say about federal oversight and rules for non-dealer municipal advisors.

Pennsylvania road revenues will over the next 12 years will be $6 billion shy of the $34 billion needed for its long-range plan.

The federal government has approved financial assistance to Washington localities damaged by a storm system in December.

The Securities and Exchange Commission today charged 14 municipal underwriting firms for violations in municipal bond offerings under its voluntary Municipalities Continuing Disclosure Cooperation Initiative.

A Moody's Investors Service report evaluates the risks and benefits of public and private financing amid a surge in new U.S. stadiums targeting professional football and soccer.

Registration has begun for the Securities and Exchange Commission and the Financial Industry Regulatory Authority's (FINRA) 2016 Regional Compliance Outreach Programs for Broker-Dealers that will take place in New York, Atlanta, Dallas, Boston, Chicago, and San Francisco.

California city attorneys who also provide bond counsel services may not be paid based on a percentage of a city's bond issuances, according to a formal opinion from the office of California Attorney General Kamala Harris.

San Diego Chargers owner Dean Spanos said he plans to double-down on efforts to build a stadium in San Diego, though he hasn’t closed the door on a move to Los Angeles.