Far West

San Diego's five-year financial outlook forecasts revenues to improve modestly from fiscal 2016 to 2020.

The Financial Industry Regulatory Authority has fined three firms $32,500 and expelled another from FINRA membership for violations of municipal securities rules governing pricing, transaction reporting, record keeping, and supervision.

Virginia Transportation Secretary Aubrey Layne says new P3 rules remove the mystery from the selection process.

The Allen Park, Mich., case marks the first time a city official has been charged on the theory that he "controlled" the persons who committed the primary securities law violations, even though he isn't alleged to have participated or even known of the conduct at issue.

A municipal market research firm is urging the Securities and Exchange Commission to conduct a review of its municipal bond disclosure rules to address what it warns are "glaring gaps" in market practices.

Franklin Advisors, the holdout creditor in the Stockton bankruptcy, has filed an appeal challenging U.S. Bankruptcy Judge Christopher Klein's confirmation of the city's plan of adjustment.

The Metropolitan Washington Airports Authority approves a $1 billion capital construction program at Reagan National Airport.

Moody's Investors Service affirmed its A1 rating for Rady Children's Hospital-San Diego and revised the hospital's outlook to positive from stable affecting $404 million in outstanding debt.

The Internal Revenue Service is auditing bonds issued in 2006 by the Orange County Health Facilities Authority in Florida for Orlando Regional Healthcare System, now Orlando Health Inc.

Culver City officials had little time to celebrate a favorable court ruling in the city's three-year dispute with the California Department of Finance stemming from the redevelopment agency wind-down process, as DOF filed an appeal three days later.