Washington DC

The committee tasked with providing insight on the muni and corporate bond markets is meeting again in two weeks.

Agencies across the country said the case filed by a Florida utility could expose them to "unprecedented" federal oversight of public power contracts.

Recently announced streamlining and rumored budget cuts and layoffs at SIFMA are causing market participants to worry about its commitment to municipal securities.

County Executive Steven Bellone of Suffolk County, N.Y. is among those who have asked to speak at a Nov. 5 public hearing.

Groups active in the muni market are spending millions of dollars to influence policy and elect candidates, records show.

The three states are in the bottom of a ranking of state fiscal conditions by the Mercatus Center at George Mason University.

Thursday is the deadline for sending comments to the IRS on its proposal to prevent taxpayers from avoiding the $10,000 federal cap on state and local tax deductions that Congress enacted last December.

The whistleblower responsible for federal investigations and lawsuits accusing banks and broker-dealers of fraud and collusion in the remarketing of variable rate demand obligations will likely be forced to go public because of a recent ruling by Massachusetts’ highest court.

Common Good estimates the delays are adding $1.7 billion annually in lost opportunity costs and additional construction costs to the larger Gateway Development project, which includes a new Portal North Bridge in New Jersey.

The MSRB, SEC, and FINRA will host an outreach event early next year as muni advisors prepare for a new principal exam among other requirements.

GASB is accepting comments through Nov. 2 on its proposal to clarify the definition of a conduit debt obligation.

Key SEC officials responsible for muni rulemaking and enforcement said they don't feel disclosure has been adversely impacted due to fears stoked by the Municipalities Continuing Disclosure Initiative.

Included in the FAA reauthorization package is $1.68 billion in supplemental disaster funding that would help cover the cost of recovery and rebuilding from Hurricane Florence last month.

The Bond Dealers of America has formed a Fixed Income Market Structure Working Group to advise regulators, lawmakers and market participants on structural changes in the fixed income industry and marketplace.

Another wave of states is expected to begin implementation Jan. 1, according to the National Conference of State Legislatures.

The Libor changeover isn't officially due for three years, but the change could have big ramifications for munis and is already underway.

Gary Hall, who became the new MSRB chair on Monday, says he has a "reverence" for the muni market.

The Protecting Family and Small Business Tax Cuts Act of 2018 which passed 220 to 191 isn’t expected to become law because the Senate won’t consider it this year.

The Internal Revenue Service has taken no action regarding tax-exempt refunding bonds that were issued for Gettysburg College in 2010, after closing an audit that appears to have been randomly initiated.

SEC and MSRB officials responded to the concerns and frustrations of bond lawyers who were meeting in Chicago.