Financial regulations

Several big names in the muni market will be part of a new SEC committee

The Senate invoked cloture to begin the process of confirming Randal Quarles as a governor on the Fed board.

The breach occurred in 2016, but was not publicly addressed by the SEC until Sept. 20.

Lucy Hooper, a member of the MSRB since 2014, will take the helm as chair effective Sunday.

I write in response to the September 14 guest opinion article titled, “Don’t be selective about disclosure,” written by Lynnette Kelly. Though Ms. Kelly raises important issues in her article and we support her stance overall, her facts with respect to PREPA are inaccurately portrayed.

The legislation adds consumer protections and requires more stringent underwriting standards.

The MSRB encourages municipal bond issuers to make information available to all.

SEC rules provide municipal advisors an opportunity strengthen their bonds with issuer clients.

Market participants are unsure what the Municipal Securities Rulemaking Board is after.

The MSRB will also discuss primary offering and MA qualification requirements at its meeting.

The new fee would add one more to a slew of fees dealers already pay to the MSRB.

While EMMA has helped the market, it has not bridged the gap between institutional and retail.

MSRB urges MAs to weigh whether they have duties to both issuers and borrowers in conduit deals.

One CEO raised some concerns about electronic trading that he said regulators should consider.

The plaintiffs had alleged G-37 amendments would restrict the political contributions of municipal advisors.

The MSRB said it may add to its guidance in the future and will hold a seminar with dealers.

SEC chair Jay Clayton wants to ensure the fixed income market is efficient and transparent.

SIFMA wants the MSRB to harmonize its rule on account transfers with FINRA's regulation.

The MSRB's newest online course is designed for investors and takes about 45 minutes to complete.

Market participants say MSRB should include non-bank entities.