Illinois

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.

The fund is seeking to collect $1.8 million of the city's state-transferred tax funds to make up for claimed contribution shortfalls.

Other debts are piling up that could make it harder to craft a solution favorable to holders of the affordable housing bonds, the trustee said.

The judge overseeing Preston Hollow Capital's anti-trust lawsuit against Nuveen could rule any day on the claims.

It marked the fifth dispersal from a Federal Aviation Administration program that will provide $3.18 billion for airport improvements.

Illinois Gov. J.B. Pritzker’s first-year administration is not yet ready to tinker with the state’s underwriting pool for negotiated municipal bond sales.

Reports from S&P Global Ratings and Moody's Investors Service highlight fiscal strains Chicago, Illinois and some local governments face.

Associate Director, S&P Global Ratings

More than 300 market participants, including 100 investors, attended the city's annual conference Friday to hear from Mayor Lori Lightfoot.

The latest garnishment request comes as a task force on downstate and suburban public safety fund consolidation nears recommendations.