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It substitutes the $160 billion in direct aid to state and local governments that had been proposed with direct checks to individuals.

The former South Bend, Indiana mayor understands the needs of state and local governments, though he lacks experience running a large organization.

The bill includes money for coronavirus vaccine distribution, schools, transit, airports, small business, and the unemployed.

The SEC said the court should oppose SIFMA's motion to include news articles in the proceedings, saying the group relied on only one rationale.

The number of issuers using a temporary exemption jumped to 101 in October from 35 the previous month.

The GFOA Debt Committee is working on issuing a similar Libor advisory in advisory in January or February.

As co-director of the Enforcement Division, Stephanie Avakian oversaw charges the SEC made against municipal bond “flipping” schemes.

A bipartisan group of eight senators on Wednesday released further details of their $908 billion framework for emergency aid, including $160 billion for state and local governments.

The reoccuring Water Resources Development Act is expected to pass the Senate this month.

Law firm appoints Robert Labes to head its public and infrastructure finance practice group with hopes for expansion if an infrastructure bill comes to fruition.

A majority of economists surveyed by SIFMA expect a swoosh-shaped recovery, while 20% saw a W-shaped recovery, with a double-dip decline.

During an industry briefing Tuesday, SIFMA's Kenneth Bentsen, Jr., said no matter who leads the SEC next, SIFMA will argue for an end to a temporary exemptive order.

This is the first time in four years the self-regulatory agency is asking for input on its strategic goals.

Difficulty tracking securities means a harder time for investors to understand their credit risk during the pandemic.

The bipartisan plan unveiled Tuesday by Senate and House lawmakers includes $160 billion for state and local governments, $82 billion for schools, $15 billion for transit agencies, and $4 billion for airports.

Twin Cities International School and MIMCS Building Company announced the reversal in a public notice filed Monday.

National League of Cities Executive Director and CEO Clarence Anthony said his organization is encouraged by the new bipartisan, bicameral proposal.

Oahu's 20-mile rail project could lose $250 million in federal funding if the Federal Transit Administration doesn't grant an extension.

An unregistered investment adviser told the city he would invest $9 million of its funds, but instead transferred some of the money to himself, the SEC found.

SIFMA told a federal court that the SEC's process failed when it announced the temporary conditional exemption for muni advisors.