Far West

WASHINGTON - Market participants are urging the Commodity Futures Trading Commission to clarify, in its proposed business-conduct standards for swap dealers, that dealers should not be required to put a state or local government issuer's interests ahead of their own.

WALNUT CREEK, Calif. — California's largest conduit bond issuer and its private contractor are on the defensive after recent attacks on its roles both in and out of the state.

The Nevada Assembly approved a bill Tuesday to support a public-private partnership to build a bypass toll road around Boulder City.

Sierra Kings Health Care District voters Tuesday overwhelmingly approved a proposed sale of the bankrupt hospital to Adventist Health.

Hercules voters recalled Tuesday the mayor and another council member in response to a political and budget mess.

Moody’s Investors Service has downgraded the San Joaquin Hills Transportation Corridor Agency’s rating to B1 from Ba2 after the agency completed a restructuring of its debt.

California Controller John Chiang has said he will withhold lawmakers’ salaries if they fail to pass a balanced budget by June 15.

Lawmakers in the California Senate have approved a bill that will allow counties to raise and collect vehicle license fees.

WASHINGTON — The Bond Dealers of America unveiled guidelines Wednesday designed to help dealers comply with suitability, disclosure and pricing rules when dealing with retail investors.

WASHINGTON — The Village Center Community Development District in Florida is asking the Internal Revenue Service for legal advice on whether it is a political subdivision — an issue critical to the tax-exempt status of million of bonds it issued.