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WASHINGTON — A federal judge has delayed sentencing of CDR Financial Services and its founder David Rubin for several months, granting the Department of Justice additional time to complete complex calculations of restitution.
June 4 -
WASHINGTON — The chairman of a House Ways and Means Committee panel will hold a hearing on June 8 to examine a host of expiring tax provisions while the panel’s ranking Democrat called for renewal of the Build America Bonds program as part of a larger jobs bill.
June 1 - Washington
The MSRB has proposed to discontinue the practice of temporarily masking the exact par value of large muni bond trades disseminated on a near real-time basis over the online EMMA system.
June 1 -
The Internal Revenue Service and the Treasury Department are seeking public comments on the arbitrage restrictions that pertain to tax-exempt bonds.
June 1 -
State aid and property taxes are dropping simultaneously for the first time since 1980, while demand for government services continue to rise, according to a report published by the Pew Center on the States Friday.
June 1 -
House Minority Leader Nancy Pelosi’s proposal to extend the Bush-era tax cuts for households with incomes earning up to $1 million annually would have a marginal impact on municipal bond demand, market experts said.
June 1 - California
SAN FRANCISCO — Standard & Poor’s said it has dropped the underlying rating on two Stockton water revenue bonds by three notches to BB-plus amid a looming default as the California city considers bankruptcy.
June 1 - Washington
The MSRB has issued a concept release seeking public feedback about whether to require underwriters and municipal advisors to disclose third-party payments on the online EMMA system.
May 31 -
As California lawmakers dither over legislation to clean up the messy and sudden dissolution of the state's redevelopment agencies, cities are turning to the courts for clarity.
May 31
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WASHINGTON — Indiana Gov. Mitch Daniels made the rounds in the nation’s capitol Thursday, urging lawmakers to pass a transportation bill friendly to public-private partnerships and telling reporters that he fears there might not be a bill at all.
May 31
