Washington DC

U.S. Court of Claims Judge Richard Hertling said Tuesday he would issue the stay because he expects key rulings by the Supreme Court and an appellate court.

The group sent a letter to the Securities and Exchange Commission this week asking for fair dealing rule guidance to be better tailored to 529 savings plans.

As health risks associated with e-cigarettes have gained attention, some states are trying to deter minors from the product through taxation.

CDBG mitigation is a new program to support communities for events that are likely to occur rather than recovery from events that have already occurred. Some disaster recovery funds have been used in the past for mitigation.

“Reporting unauthorized transactions is certainly a good first step in building cooperation,” said one lawyer. “But there could be a lot more to it.”

Late last week FINRA sent out a notice reminding its members to register as MAs if they engage in investment-related activity with their clients.

As a result of the March 23 appellate court ruling, Fitch announced on April 11 it has put seven bond issuances on negative ratings watch.

Issuers and non-dealer muni advisors support the existing prohibition, while dealers asked the MSRB to provide some flexibility.

The revision gives local governments an extra nine months to make changes under a new rule involving the treatment of leases.

Researchers at the Pew Charitable Trusts warn local governments that cannabis revenue flows are uncertain.

Market participants want someone with a deep industry knowledge as the MSRB is set to begin its search for a new president.

Though the presidential candidate field is still large, some have proposed detailed infrastructure plans related to broadband and water systems.

The evolution of muni advocacy has been in progression for years, though it was further galvanized by the shock and dismay at the 2017 tax reform.

Airport groups want to see a raise in the passenger facility charge that many airports use to back their bonds.

In Schwartz, MSRB loses an experienced lawyer, respected by his peers, as it faces a future without its longtime leader.

The gas tax has fallen short of meeting infrastructure needs, and cities need new solutions.

Her announcement comes at a time of scrutiny from lawmakers and the SEC.

Edward Sisk, a managing director and head of public finance at Bank of America Merrill Lynch, will chair the Municipal Securities Rulemaking Board beginning Oct. 1.

MSRB President and CEO Lynnette Kelly will be retiring at the end of the fiscal year after 12 years leading the organization.

Warren is among the most prominent Capitol Hill voices on issues related to financial regulation.