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The whistleblower responsible for federal investigations and lawsuits accusing banks and broker-dealers of fraud and collusion in the remarketing of variable rate demand obligations will likely be forced to go public because of a recent ruling by Massachusetts’ highest court.
October 5
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Common Good estimates the delays are adding $1.7 billion annually in lost opportunity costs and additional construction costs to the larger Gateway Development project, which includes a new Portal North Bridge in New Jersey.
October 5
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Baylor Scott & White's planned merger with Houston-based Memorial Hermann would combine $5 billion in debt.
October 5
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The New York City Comptroller is encouraging greater diversity among investment managers hired by the city’s pension funds.
October 5
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The Clark Public Utilities District says improvements are needed for future customer growth.
October 5
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The Federal Reserve should continue to move to a neutral policy rate, Federal Reserve Bank of Atlanta President Raphael Bostic said, but said he may have underestimated demand.
October 5
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The District of Columbia Housing Finance Agency priced $74.5 million of tax-exempt bonds.
October 5
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Municipal bond supply drops off sharply next week with $4.4 billion of volume estimated to hit the screens.
October 5
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The MSRB, SEC, and FINRA will host an outreach event early next year as muni advisors prepare for a new principal exam among other requirements.
October 5
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The Oversight Board questioned the legality of an announced rate cut by the power authority, while insurers sought permission to name a receiver.
October 5
