Far West

A large number of dealer firms have voluntarily reported to the Securities and Exchange Commission deals they underwrote where issuers failed to disclose noncompliance with their continuing disclosure agreements, the SEC's enforcement director said Wednesday.

The chairman of the House Appropriations Committee has introduced legislation that would continue funding government programs and services until Dec. 11, preventing a federal government shutdown before the midterm elections.

California's state controller released a monthly report this week, showing the state's revenues for the month of August came in below estimates.

The Municipal Securities Rulemaking Board has hired former BondDesk Trading LLC president John Bagley as its chief market structure officer, the MSRB announced Wednesday.

Another two petitions have been filed asking the California Supreme Court to review a recent decision to allow the High Speed Rail Authority to issue bonds for the rail project.

Termed out Los Angeles County Supervisors Gloria Molina and Zev Yaroslavsky are taking different paths after serving two decades in their seats.

A review of the California Public Employees' Retirement System by the state controller's office found no incidences of pension spiking, but did find deficiencies in the system's approach to monitoring abuse.

California Controller John Chiang unveiled a new website on Monday that lists more than 13 million fields of financial data for cities and counties throughout the state.

Sen. Chuck Schumer, calling municipal securities the "lifeblood" of U.S. infrastructure development, pressed regulators to revise federal banking liquidity rules to classify certain munis as high-quality liquid assets.

Hawaii received approval from its Public Utilities Commission to issue $150 million in taxable bonds by November to fund a program that finances energy efficiency improvements for homeowners.