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Independent Financial Group, LLC failed to ensure its employees were offering low-cost options to retail customers looking to rollover a 529 plan to another state.
December 2 -
The product is designed to compartmentalize information and provide a unified system to monitor bank activities, forecast cash inflows and outflows, and prevent fraud.
December 2 -
A bankrupt city's only asset is mired in its history of corruption and a statewide fight over utilities privatization.
December 2 -
With an estimated $13 billion calendar on tap, demand for paper will be bolstered by the $16 billion of redemptions coming Monday while mutual fund inflows, this week at about $560 million and concentrated in the long-end, signal solid investor support. Munis are returning 1.73% in November as of Friday.
November 29 -
The Investment Company Institute reported $1.221 billion of inflows into municipal bond mutual funds for the week ending Nov. 20. Exchange-traded funds saw inflows of $836 million.
November 27 -
Bondholders are prepared to loan up to $22 million to the hospital.
November 27 -
November's total is below the 10-year average of $32.278 billion and is the lowest monthly total this year. The year's total is about $25 billion short of $500 billion.
November 27 -
The $515 million bond-financed arena renovation in downtown Washington will move forward despite labor union concerns.
November 27 -
A complex refinancing continues Chicago's break from past scoop-and-toss deals but front-loads savings to help balance its budget.
November 27 -
"Earlier this month, Chair [Jerome] Powell noted that there was no 'hurry' to cut rates," noted BMO Senior Economist Priscilla Thiagamoorthy. The minutes, she noted, "confirm a broad support for taking a more cautious approach in easing monetary policy."
November 26