Washington DC

As issuers push against a financial disclosure bill pending in the Senate, some buy-siders say standardized disclosure would attract more investors and boost liquidity.

Municipal issuers are learning the ropes of ESG disclosure and marketing.

In its analysis of primary market data from 2019 to 2021, the MSRB showed that market participants fled competitive offerings during the COVID period and preferred private placements.

Josh Wilsusen named executive vice president, Advocacy

If the IRA's tax credits prove popular for building clean energy projects, they may be expanded into basic infrastructure financing, said University of Chicago professor Justin Marlowe.

The Municipal Securities Rulemaking Board's meeting will discuss the scope of its Form A-12 modernization efforts, authorizing a request for comment on a certain MA exemption and extending COVID relief under MSRB Rule G-27, among others.

Dave Sanchez urged local officials to be wary of certain structures that proved unprofitable during the last downturn.

Any new legislation should fit the "unique" nature of the municipal bond market, Sanchez said.

The Internal Revenue Service has closed its examination of Burlington's taxable Qualified School Construction Bonds with no change after requesting a use of proceeds earlier this year

The Federal Highway Administration mandates would "commandeer" state department of transportation authority, opponents say.

The former municipal advisor Porter Bingham has been sentenced to four months imprisonment and two years term of supervised release following his fraudulent billing to the city of Rolling Fork, Mississippi in connection with a 2015 bond offering.

The municipal dealer community supports market transparency. The proposal before Congress, however, is poorly conceived, has few if any market supporters, and has the potential to be very expensive.

States and locals need to move fast to capitalize on the value of upfront funding provided in the infrastructure law, Biden administration officials said.

An audience poll during the National Association of Bond Lawyers' Workshop indicated that offering and disclosure fraud were among the highest concerns for the muni market.

Issuers should expect to see an increased presence of IRS agents as the service's Tax-Exempt Bond office completes a round of hiring and the IRS budget grows.

California is looking to pioneer the floating wind technology that's required in the deep waters where roughly two-thirds of the country's offshore wind potential exists.

Even without formal rules tailored to the municipal market, ESG integration will likely come to the muni market faster than expected.

The dollars mark the second of five years of increased state highway funding promised under the Infrastructure Investment and Jobs Act.

Illinois-based broker dealer Ronald Molo has been fined $815,104 in disgorgement and prejudgment interest and has been permanently enjoined from participating in the issuance, purchase, offer or sale of any security.

Joseph "Jodie" Smith takes the reins at the influential bond lawyer organization.