Washington DC

House Majority Leader Steny Hoyer, D-Md., told lawmakers to be prepared to return to Washington on 24 hours notice if a deal is reached.

The Fixed Income Market Structure Advisory Committee will discuss the impacts of the pandemic on the muni market amid growing uncertainty.

Over the last four years, Moody’s and S&P Global have both acquired climate data analysis firms in an effort to provide more depth to the environmental portion of the ESG ratings.

The low interest rates that resulted from COVID-19 caused high levels of muni issuance and market activity, resulting in MSRB's fiscal year 2021 revenue significantly outperforming.

Legislation signed into law Thursday keeps the government open and federal transportation funding flowing.

Nationally, there are around 7,500 charter schools in 44 states in addition to the District of Columbia, according to the National Alliance for Public Charter Schools.

Market participants say the year long process to find a new leader for the Municipal Securities Rulemaing Board resulted in a good pick.

The package includes $436 billion for state and local governments, $225 billion for education, $32 billion for transit emergency relief, and $13.5 billion for airports.

If changes are made to regulating alternative trading systems, it would be the biggest change to the regulation of fixed income trading platforms since 1998.

Kim, currently the MSRB's chief operating officer, will assume the post Thursday.

Securities lawyers and the trade group for municipal advisors agree unregistered muni advisors shouldn't still be ignorant of the law.

Irene Carroll and her company, Funding the Gap LLC, settled with the SEC Friday for not registering as municipal advisors. The SEC said Caroll knew she provided similar services as an MA.

Allyson Belsome, program manager of the IRS Office of Tax-Exempt Bonds spoke to members of the National Association of Bond Lawyers.

The Municipal Securities Rulemaking Board's David Hodapp said an MA's fiduciary duty to an issuer trumps fair dealing obligations to investors.

Johanna Som de Cerff of the IRS Office of the Associate Chief Counsel spoke during an online presentation to the National Association of Bond Lawyers.

From June to July, not many municipal advisors relied on the SEC's temporary exemption and some sources say they don't expect it to be heavily used.

Eliseo Sampayo was fined $20,000, half of which will go to the Municipal Securities Rulemaking Board for violating its rules.

Guarnaccia is a partner at Ballard Spahr in Baltimore.

Rep. Rashida Tlaib, D-Mich., said the Municipal Liquidity Facility is not flexible enough for states and local governments.

The aid includes $9.6 billion for the Puerto Rico Electric Power Authority to repair and rebuild the electrical grid and $2 billion for the Puerto Rico Department of Education.