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The Treasury and Internal Revenue Service sent the final regulation to the White House Office of Management and Budget over six weeks ago.

“Brogdon's substantial and ongoing failure to comply with the plan and court orders are egregious and ongoing,” a court-appointed monitor reported.

In a letter sent to the SEC and the Municipal Securities Rulemaking Board late last week, the group said lapses in issuer financial disclosures are unacceptable.

Issuers of the Clean Energy Bonds would have the option of offering the bond as a tax credit bond, or as a direct-pay bond, where the Treasury Department reimburses the bond issuer at a rate of up to 70% of the interest cost, according to a summary of the bill.

The Securities Industry and Financial Markets Association said to manually input the data would require more time and staff.

The governor accused the Oversight Board of having “overstepped its boundaries, making it an even more undemocratic entity.”

Many congressional conservatives have said their alternative is the Trump energy agenda of deregulation and energy independence.

While groups were encouraged to see a bipartisan meeting with Trump, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, some fear munis could be hurt in the compromise.

Numbers showed 167 submissions for Rule 15c2-12's Event 15.

Trump's acting chief of staff said details may bedevil an infrastructure deal even if Democrats and Republicans agree on its size.

The Alternative Reference Rates Committee said the recommendations are part of its mandate to address risks in contracts that refer to Libor as part of the larger shift to the Secured Overnight Financing Rate (SOFR).

The new amendments to be filed to the Securities and Exchange Commission will give disclosure responsibility to the lead underwriter, meaning less duplicative disclosure for issuers.

The proposed $12.7 billion project to build a new rail tunnel connecting New York and New Jersey has become a flashpoint between Democratic lawmakers and the Trump administration.

Bond Dealers of America members said they have spent an average of more than $17 million on regulatory costs since the beginning of the 2008 credit crisis.

Lower gas prices, remote working, easy driving and new competition from ride-share companies are taking slices of the pie.

In the coming months bond lawyers expect numerous municipal governments to issue new bonds to support investments in Opportunity Zones.

The MSRB said Rule G-29 doesn't make sense anymore since the rulebook can be accessed online.

The audit concluded a year and one day after the sports authority received a letter dated April 4, 2018, informing it that the tax-exempt status of the bonds was being examined.

The court shouldn't accept banker Peter Cannava's "narrow and cramped view of materiality,” the SEC urged.

Plans in Illinois, Kentucky, Connecticut and New Jersey still show low funded ratios, while the best funded plans experience better-than-average returns.