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Alleged supervisory failures led to unsuitable trading patterns of Puerto Rico and other bonds, FINRA found.
July 15 -
Ed Sisk, a managing director and head of public finance at Bank of America Merrill Lynch, has been MSRB chair since Oct. 1, 2019.
July 14 -
Research suggests limited effectiveness of the SEC's rules requiring disclosure of private debt.
July 13 -
Current rules require disclosures to customers who probably do not need them, industry lobbying groups argue.
June 29 -
The U.S. Department of Transportation secretary and elected leaders from New York and New Jersey pitched the $11.6 billion project, citing economic and safety concerns.
June 29 -
Aid ranges from as much as 22.7% of fiscal 2020 spending in Wyoming to as little as 4.9% in Wisconsin.
June 28 -
Only two of the nine justices were in favor of adding New Hampshire v. Massachusetts to the docket for the fall term.
June 28 -
State and local government groups want the focus on reinstating tax-exempt advance refunding bonds and expanding the current financing tools.
June 25 -
One big area of spending growth has been Medicaid health services for the poor, which is on track to jump by 12.5% in the current fiscal year.
June 24 -
As infrastructure talks unfold in Washington, the likelihood of higher taxes may be waning, at least in the short run.
June 23 -
Toll roads suffered tremendously from dips in traffic associated with the COVID-19 pandemic.
June 21 -
The Justice Department analysis was released Wednesday in conjunction with a House Natural Resources Committee hearing on two competing bills aimed at determining the territory’s future.
June 18 -
Dealers and muni advisors think the loyalties of solicitor MAs should be clearly disclosed.
June 18 -
The roughly $1 trillion bipartisan plan would rely heavily on municipal financing tools to achieve $1 trillion in investment with any new federal taxes.
June 17 -
Some lawmakers in Washington during infrastructure discussions have proposed repurposing some of the $350 billion of American Rescue Plan Act relief funds allocated to state, local and tribal governments. This would be a mistake.
June 17
HilltopSecurities Inc. -
The group is also urging Congress to enact enhancements for aggie bonds and industrial development bonds.
June 17 -
The nine justices of the Supreme Court are scheduled to hold a closed-door conference June 24 to decide whether to put the case on their docket for the fall term.
June 16 -
Giroux brings to the MSRB her experience advocating on behalf of both broker-dealers and bond lawyers.
June 16 -
The New York-based firm agreed to be censured, pay the penalty, and remedy alleged problems with its supervisory system.
June 15 -
One involves a framework worked out by 10 senators while the other involves a more narrowly-focused $78 billion bill for passenger and freight rail.
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