Washington DC

A large municipality with strong legal representation will draw attention, even from those skeptical of whistleblower suits alleging bank fraud in the variable-rate demand obligation market.

The household sector owned 42.2% of the nation’s $3.83 trillion in municipal securities in the second and third quarters of 2018, according to Federal Reserve data.

Public pension funds are increasingly attracted to infrastructure investment.

The groups plan to address advertising, defining duties for non-solicitor muni advisors and test prepping during the program.

The city says firms conspired to artificially raise rates resulting in unjust enrichment.

The Trump administration's decision to strip funds from the California high-speed rail project may lead to a dangerously politicized approach to financing infrastructure.

Federal attorneys say Florida utility JEA's effort to repudiate its power purchase agreement could undermine the entire Plant Vogtle project.

The ruling represents a second major victory for the anonymous whistleblower who has filed suit in at least four states.

“Major banking organizations have now used this abusive tax shelter scheme to illegally shelter well over $1 billion in taxable income,” said the letter by W. Mark Scott.

The defendant's claim that he's a victim of the Brogdon nursing home frauds shouldn't cloud the court's decision, the SEC said.

The National Association of Bond Lawyers's letter to lawmakers emphasized the infrastructure benefit of protecting the muni market.

Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.

Scott Andreson plans to work with the SEC to improve disclosure.

Richard Neal, D-Mass., raised optimism among state treasurers that advance refunding of municipal bonds may be part of "a combination of funding sources."

None of the 12 recommendations require congressional action and all are within the scope of the administrative powers of the IRS, according to NABL.

Airports get creative and turn to privatization to fund projects as federal assistance becomes less reliable.

Issuers are still seeking clarity on new SEC rules as a Feb. 27 deadline approaches.

Libor based municipal debt stood at $47.6 billion at the end of 2018, or about 1.3% of the overall muni market.

The State of the Union speech fell short on infrastructure while the COFINA settlement in Puerto Rico shed a harsh light on revenue bonds.

Local officials are urging lawmakers to pass a major infrastructure plan after years of disappointment.