Financial regulations

GFOA members said they were taken aback and in some cases upset about the tone of the National Federation of Municipal Analysts' letter to regulators.

The BDA believes that in addition to removing the Rule’s restriction on competitively bid transactions, it should consider simply eliminating it altogether.

Data from a Municipal Securities Rulemaking Board report released Wednesday showed a continuing decline in the number of dealers.

More insight into board member selection and decisions would benefit the market and its primary regulator.

Numbers showed 167 submissions for Rule 15c2-12's Event 15.

Bond Dealers of America members said they have spent an average of more than $17 million on regulatory costs since the beginning of the 2008 credit crisis.

The SEC’s Technology and Electronic Trading Subcommittee meets on pennying.

The SEC now has a stronger card to play when pursuing an enforcement case, lawyers said.

Capital Finance Director David Erdman emphasizes that the Wisconsin's bills and debt service will be paid even if the state budget is late.

It's a critical moment in the municipal bond market, and participants need to embrace change with a stronger voice in Washington and beyond.

Former Macon-Bibb County Manager Dale Walker agreed to settle charges he gave an advantage to an investment adviser the SEC said he was pursuing romantically.

A bill to let money market mutual funds use a stable net asset value is back on the table with the support of muni issuers.

Bond lawyers pushed for information from the SEC's top muni official Thursday.

Some issuers were concerned about precedents they would be setting and questions underwriters could have regarding compliance with the amended rule.

The new guidance cleared up social media advertising restrictions and interactive content.

The groups plan to address advertising, defining duties for non-solicitor muni advisors and test prepping during the program.

An SEC muni office official discussed 15c2-12 and more on Tuesday.

Issuers are still seeking clarity on new SEC rules as a Feb. 27 deadline approaches.

The regulator clarified that dealers need not post bid-wanteds on multiple alternative trading systems.

With Rule 15c2-12 amendments taking effect at the end of February, issuers expressed confusion about their impact on continuing disclosure responsibilities.