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DETROIT — The Municipal Securities Rulemaking Board’s executive director on Friday tried to allay some of the concerns nondealer financial advisers have about the regulatory burdens they may face under MSRB oversight.
October 8 -
SAN FRANCISCO — Vallejo, Calif.’s bankruptcy ordeal has served as a harsh, precedent-setting example that will keep other cities from filing despite rising fiscal pressures, officials said Friday.
October 8 - California
SAN FRANCISCO — Now that California has a budget in place after a 100-day delay, finance officials in Sacramento are turning their attention to putting long- and short-term borrowing plans into place.
October 8 -
Education and information have become a more valuable tool in the municipal bond market since the meltdown of 2008, participants in The Bond Buyer's California Public Finance Conference said Wednesday.
October 7
- California
The panel kicking off Thursday's events at The Bond Buyer's California Public Finance Conference focused on reforming the state's government, but neither the panelists nor those who came to hear them thought that road would be an easy one.
October 7 - California
California city and county officials Thursday laid out the budgetary silver linings that exist amid the dark cloud of the financial crisis that has rained hard on municipalities.
October 7 -
DETROIT — Independent financial advisers meeting here Thursday questioned the Securities and Exchange Commission’s Martha Mahan Haines about which advisers must register with the SEC under the new regulatory reform law, while Haines announced that the agency will hold its next field hearing on munis in Chicago on Nov. 16.
October 7 - California
California's ratio of debt service to general fund revenue will exceed 7% in fiscal 2011, Treasurer Bill Lockyer said in his annual Debt Affordability Report.
October 7 - California
The Rancho California Water District will issue $101 million in Build America Bonds next week to fund capital improvements.
October 7 - California
San Jose's auditor said in a recent report that the city is $2 billion short of meeting its $5.4 billion in liabilities for guaranteed pension benefits for current and retired employees.
October 7
