Far West

FirstSouthwest, a Texas-based broker-dealer and financial advisor, has protested two request for proposals for financial advisors issued by Los Angeles that bar underwriters from applying.

During a hearing Monday, a U.S. bankruptcy judge set the trial date to hear Stockton, Calif.'s bankruptcy exit plan in March.

Moody's Investors Service has downgraded the rating on Lake Tahoe Unified School District's general obligation bonds to A1.

Vice President Joe Biden used a visit to the Port of Houston to renew the Obama administration's proposal for a $50 billion infrastructure renewal program.

The nation's mayors are urging Congress to avoid "manufactured crises" like another federal government shutdown because cities are struggling more economically this year than last.

Bankruptcy Judge Meredith Jury rejected another California Public Employees' Retirement System request for a direct appeal to the U.S. Ninth Circuit Court of Appeals on San Bernardino’s bankruptcy eligibility.

An adverse vote from the California Coastal Commission will delay Poseidon Water's plans for a Huntington Beach desalination plant by up to a year.

The Financial Industry Regulatory Authority fined five firms $255,500 and fined and suspended an individual for violations of municipal securities rules.

Morgan Hill, Calif., is implementing special tactics in its $88 million refunding sale of tax allocation bonds in order to make the redevelopment debt more attractive for investors.

States are no longer waiting for the federal government when it comes to trying to drum up new revenue for transportation infrastructure, said Victor Mendez, administrator, Federal Highway Administration, Friday morning at the Bond Buyer's Transportation Finance/P3 conference here.