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The whistleblower who brought the case, Minnesota-based municipal advisor Johan Rosenberg, will receive $14.4 million under the deal.

The relief means little for traditional municipal issuers but will have an effect on some conduit borrowers and issuers "adjacent" to the municipal market.

Bond Buyer Senior Reporter Keeley Webster shares an interview with California Treasurer Fiona Ma on her run for lieutenant governor as a prelude to a fireside chat Wells Fargo Director Julia Kim conducted with the state treasurer at The Bond Buyer's California Public Finance conference.

After delays and cost overruns, a project to turn the New London State Pier into a hub for handling offshore windmill components is nearly complete.

The board askeds the judge to dismiss objections that claim its plan of adjustment is unconfirmable.

Another month of muni losses "may spark additional sale pressure as some investors throw in the towel, but we suspect any further weakness would represent a strong entry point for [investment grade] buyers," Birch Creek Capital said in a weekly report.

The application criteria for the grant programs handcuffs $5.5 billion in transportation spending to progressive priorities," said Texas GOP Sen. Ted Cruz.

Public schools account for most of the $28.48 billion of bonds on Texas ballots Nov. 7.

This could be the first time the bond market has posted three consecutive negative total return years, according to John Hancock Investment Management Co-Chief Investment Strategist Matt Miskin.

States use tax proceeds in a way that appeals to voters because recreational marijuana is often legalized through a referendum process.