Financial regulations

At an SEC Fixed Income Market Structure Committee meeting on Monday, participants suggested giving out awards to incentivize issuers to submit timely financial information.

The committee's discussion will begin with a municipal issuers’ structured disclosures discussion, featuring issuers, regulators, and others.

Baker McKenzie created a new group to integrate regulation and enforcement in a move to align with the Securities and Exchange Commission's practices.

The Municipal Securities Rulemaking Board plans a review after pressure from Sens. John Kennedy and Elizabeth Warren to change the makeup of its membership.

Municipal market participants got some comfort about their fraud liability if they act in good faith on interim financial disclosures.

Issuers will be looking to see what Securities and Exchange Commission Chair Jay Clayton says about disclosure.

Years after the Securities and Exchange Commission enacted a rule to require floating net asset values, finance officers are fighting the legislative malaise to try to undo it.

Though many participants were pleased with changes the Municipal Securities Rulemaking Board has proposed for its fair dealing guidance, some worried about new compliance expectations.

The Securities and Exchange Commission is seeking comment on exemptive relief for municipal advisors in some activities in private placement deals, eliciting fierce resistance from broker-dealer groups.

Issuers look for more options in their private placement deals amid conversation on broker dealers’ and municipal advisors’ roles.

At the SEC's invitation, Bond Dealers of America submitted a proposed framework for an exemptive order aimed at muni advisors on private placement deals.

The debate between buy-side analysts and issuers and their underwriters flared up during a panel discussion at The Bond Buyer's California Public Finance Conference.

New MSRB Chair Edward Sisk will start in his new role on Oct. 1.

The Municipal Securities Rulemaking Board is reviewing its size and the composition of its board, and projects an operating deficit for the coming year.

Montebello Unified School District allegedly defrauded investors in the sale of $100 million in general obligation bonds.

The Municipal Securities Rulemaking Board doubled professional fees for municipal advisors last week.

A new legal bulletin was requested by SEC Chair Jay Clayton after he observed lawyers noting that some platforms put financial disclosure under more scrutiny.

At a bond lawyer conference, lawyers said they've seen increased interest in self-reporting.

Rich Moore takes over the top spot at NABL during the first day of a three-day annual conference in Chicago.

This is the second letter BDA has sent to the SEC in the last couple of months opposing any kind of relief for muni advisors involved in private placements.