Far West

WASHINGTON — Muni advisory issues will continue to dominate the Municipal Securities Rulemaking Board at its packed three-day meeting Wednesday through Friday in San Diego.

ALAMEDA, Calif. — The primary lobbying group for municipal underwriters in California is under investigation by the Financial Industry Regulatory Authority.

The Dodd-Frank Wall Street Reform and Consumer Protection Act faces a “serious threat” and “potential undoing” ­under Republican-proposed spending cuts, House Democrats warned Tuesday.

ALAMEDA, Calif. — California may be in a tough budget position, but it’s not facing an imminent cash crisis, state financial officials said.

WASHINGTON — California Treasurer Bill Lockyer on Monday warned that discussions about states going bankrupt are misguided and lead to higher interest rates on state debt that hurts both issuers and investors.

SAN FRANCISCO — Pension liabilities have tripled from a year ago due to investment losses, siphoning scarce funds from San Francisco at a time when elected officials are already facing a $360 million budget shortfall.

ALAMEDA, Calif. — Siebert Brandford Shank & Co. has hired Joanie Jones-Kelly as a senior vice president.

SAN FRANCISCO —– The bankrupt city of Vallejo, Calif. has so far avoided inflicting severe damage to its bondholders, experts say.

ALAMEDA, Calif. — Los Angeles County has withdrawn from the California Statewide Communities Development Authority, the state’s largest conduit issuer.

State officials on Friday angrily denounced reports that senators may be quietly developing a proposal to allow states facing fiscal crises to seek protection in federal bankruptcy court so that a judge could alter their obligations, including outstanding debt levels.