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SAN FRANCISCO - Although Los Angeles is living through hard times, it's far from insolvency, the city's top budget official says.
June 21 - Washington
WASHINGTON - State and local governments should develop standards to bolster public pension disclosure or federal regulators may mandate improvements for them, a Securities and Exchange Commission official warned Tuesday.
June 21 -
The Financial Regulatory Industry Authority fined Wells Fargo Advisors LLC $13,000 and ordered it to pay restitution of almost $8,628 to a municipal customer for violating pricing and fair-dealing rules.
June 20 -
The Internal Revenue Service has completed a routine audit of $250 million of Build America Bonds issued by Denver School District No. 1, with no change to the subsidy payments the issuer receives from the federal government.
June 20 - Washington
WASHINGTON — Ballard Spahr LLP is promoting public finance attorney Joseph Fanone to managing partner in its Washington, D.C., office, the firm announced Monday.
June 20 - California
SAN FRANCISCO - California Gov. Jerry Brown's quick veto of the budget adopted by the Legislature last week has renewed concerns about the state’s cash flow amid another long delay.
June 20
- Washington
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.035% high rate, down from 0.050% the previous week, and the six-months incurred a 0.100% high rate, off from 0.105%.
June 20 -
WASHINGTON - State and local government groups are launching campaigns to protect the tax-exempt interest for municipal bonds against cost-cutting efforts in Congress.
June 17 -
WASHINGTON - The Bipartisan Policy Center released a new spending reform plan Thursday that calls for a near quadrupling of the U.S. Transportation Department's TIFIA program from a $122 million annual appropriation to $450 million.
June 16 -
SAN FRANCISCO — Former Los Angeles Mayor Richard Riordan is still ringing the warning bell about municipal finances.
June 16
