Far West

ALAMEDA, Calif. — The California economy is recovering, but so slowly that it’s hard to notice.

WASHINGTON — Market participants attending a federal roundtable here Tuesday are expected to raise concerns about price reporting requirements for dealer counterparties to municipal swaps that will be proposed in coming months by the Commodity Futures Trading Commission.

The Internal Revenue Service has published a list of answers to frequently asked questions about new tax-credit bond programs.

MENLO PARK, Calif. — The University of California will sell $670 million of mostly taxable Build America Bonds next week, its largest foray into the market this year, to help pay for campus upgrades.

WASHINGTON — The Washington Suburban Sanitary District of Maryland expects Tuesday to competitively price $240 million of public improvement bonds to modernize its aging sewer system for 1.8 million customers in Montgomery and Prince George’s counties.

WASHINGTON — Douglas Lee Campbell, a former senior vice president and marketer in Bank of America’s municipal derivatives group, pleaded guilty Thursday to three criminal counts for engaging in bid-rigging and fraud conspiracies connected with guaranteed investment contract and other municipal finance agreements.

WASHINGTON — Five airports will receive a total of $9 million in unexpected grants from the American Recovery and Reinvestment Act because of lower-than-expected bids on other airports’ stimulus projects.

ALAMEDA, Calif. — California can make it through September without starting to issue IOUs, Controller John Chiang said Thursday when he released his monthly report on the state’s cash position.

WASHINGTON — The Municipal Securities Rulemaking Board has issued draft guidance warning broker’s brokers of their obligations under its rules following recent enforcement actions by the Securities Exchange Commission and the Financial Industry Regulatory Authority alleging rule violations.

ALAMEDA, Calif. — California school districts will ask their voters for almost $4 billion of general obligation bond authority this November, a much smaller amount than was at stake in the last general ­election.