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Dealerweb is a wholesale unit of Tradeweb Markets, a large fixed-income electronic trading platform company. FINRA found that Dealerweb failed to correctly report 147,000 trades.November 20
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The $4.3 billion deal will test the state's low bond ratings — punctuated by another downgrade — against the municipal market's continuing demand for paper.November 13
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S&P Global Ratings downgrades the Garden State's general obligation bonds one notch to BBB-plus from A-minus.November 6
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The legalization is projected to generate about $120 million for the fiscally stressed state once the market gets established, which won’t be for another two to three years.November 4
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Financial hits to Atlantic City's hospitality industry from state limitations aimed at curbing the spread of COVID-19 are hindering a state agency reliant on luxury tax revenues to pay debt service on outstanding bonds.November 2
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Thomas Forkin eyes legal challenges to state's intervention efforts if he defeats incumbent Marty Small in Tuesday's election.October 30
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N. J.'s decision to use tax-exempts for planned $4B bond sale reflects market strength, analysts sayNew Jersey had a choice between the Federal Reserve’s Municipal Liquidity Facility and the muni market for its upcoming $4 billion borrowing.October 23
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Proposed upgrades to the 110-year-old tunnel linking Manhattan and northern New Jersey have hit roadblocks under President Trump.October 9
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Recent toll hikes will offset a coronavirus-inspired drop in traffic and a refunding portion gives the authority "financial flexibility," according to analysts.October 8
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New Jersey's $32.7 billion budget for its shortened nine-month fiscal 2021 includes the state's largest reserve levels in more than a decade as a backstop for revenue hits that may result from a possible second wave of coronavirus.September 29
