Washington DC

The SEC has issued a proposal to rescind its "pay-to-play" rule relating to investment advisers. The rule "was modeled, in large part," on MSRB Rule G-37, Commissioner Hester Peirce said.

Up to 18,000 private schools could lose access to the municipal bond market under the proposed rules, driving up their borrowing costs.

In a June letter to the SEC, Truth in Accounting expressed its "strong concerns regarding the GASB Accounting Support Fee and the broader role of" GASB itself.

State and local issuers should expect cuts in transit and rail projects over the short term, transportation advocates said.

The airspace surrounding Washington D.C. is expected to absorb more flights in the near future as the Washington Manassas Airport in Virginia has cleared an environmental assessment by the FAA.

The administration is seeking industry feedback on funding mechanisms and the use of public-private partnerships in spaceport development.

"SIFMA applauds the MSRB's forward-thinking efforts to modernize its rules," its comment letter said.

The New York-based business "acted as an unregistered broker in connection with 31 municipal bond offerings," the SEC alleged in its order.

The announcement — which affects the 10- to 30-year part of the curve — sent longer-term UST yields falling up to 10 basis points on Wednesday.

"I actually think that this was a difficult case for the SEC enforcement division to bring, a close call, on the facts," attorney Andrew Kintzinger said.

Less than 5% of U.S. desalination projects are public-private partnerships.

The currently-paused surface transportation reauthorization in a recessed Congress contains the first nationwide fee on electric vehicles.

Counties play a unique role in the data center debate and are becoming more sophisticated in negotiating with the major players in the industry.

As the level and delivery of infrastructure funding becomes increasingly uncertain and political, proponents of a national infrastructure bank are making their case.

Lifting the PABs cap is a priority for transportation advocates, lawmakers from both sides of the aisle and the Trump administration.

The continuing resolution would also kick the debate over the next surface transportation bill to the lame duck session.

President Trump took center stage at the announcement of $20 billion of upgrades to Washington Dulles International Airport, but financing was left to munis.

The Save America Act remains at a chokepoint, pitting President Trump against Senate Majority Leader Thune, while counties weigh in against the measure.

The filing comes after the MSRB in January published a request for comment seeking input on draft amendments to Rule G-27.

During the meeting, the board also approved a $48 million FY2027 budget, representing a 3.7% increase from the MSRB's FY2026 budget.