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California Gov. Jerry Brown signed a bill exempting the state's transit workers from pension reform while suing the federal government for blocking pension reform for those workers.
October 8 - Washington
The National Association of State Treasurers elected officers for 2014 and adopted several bond-related resolutions, during an annual business meeting at its conference here on Monday.
October 8
- Washington
District of Columbia Mayor Vincent Gray is demanding a meeting with President Obama, Senate Majority Leader Harry Reid, D-Nev., and House Speaker John Boehner, R-Ohio, citing a potential loss of municipal services and funding from the federal government shutdown that began Oct. 1.
October 8 -
Dealer groups are urging the Municipal Securities Rulemaking Board to use restraint in developing a best execution rule for the municipal market, warning that a "trade-by-trade" mandate is not feasible and pushing for their own alternative standard.
October 8 -
St. Louis-based broker-dealer L.J. Hart & Co. was censured and paid a $200,000 fine to settle FINRA charges that it improperly gave more than $183,000 in sports tickets to issuer clients
October 8 -
The state of Oregon is priced $410 million of revenue bonds for its Department of Transportation.
October 8 -
The Municipal Securities Rulemaking Board has withdrawn its proposal to loosen the standard of independence for public board members, citing "unexpected opposition."
October 7 -
Stockton's proposed bankruptcy plan provides clarity on recoveries of certain of the city's obligations, but some questions remain, according to Moody's Investors Service.
October 7 -
Robert Rizzo, Bell's former city manager, pleaded no contest Thursday to 69 counts that he defrauded Bell, Calif. of millions of dollars.
October 4 -
Stockton, Calif. received the green light from its city council on its bankruptcy exit plan after reaching a deal with bond insurer Assured Guaranty.
October 4
