Washington DC

State and local governments were advised Thursday to avoid imposing burdens on out-of-state e-commerce retailers that could spark a new round of litigation as they begin implementing the Supreme Court’s June 21 South Dakota v. Wayfair, Inc. ruling on sales taxes.

During a webinar Thursday moderated by the National League of Cities, officials pointed out that the South Dakota v. Wayfair, Inc. sales tax case has been remanded by the U.S. Supreme Court back to the South Dakota Supreme Court.

Twenty-three years after hitting rock bottom, D.C. has a triple-A rating.

Maine Gov. Paul LePage angered many muni market participants last month with a last-second cancellation of already-priced bonds, but is that the end of the story?

Three Republican senators have introduced legislation that would slash federal spending for transportation and federal fuels taxes and put more responsibility on states for transportation infrastructure and all mass transit projects.

While munis have received scant attention at previous meetings, a discussion of pre-trade transparency is on tap for next week's Fixed Income Market Structure Advisory Committee meeting.

The Financial Industry Regulatory Authority has already barred Jose Ramirez from the securities industry, his lawyer said.

The firm is expanding its bond counsel practice in Virginia and the Southeast.

Congress might provide clarity by preventing states any state from imposing retroactive liability.

The SEC issued separate administrative orders Monday stripping Malachi Financial Products of its muni advisory registration and barring Porter Bingham from the industry.

The MSRB is looking for public members, and specifically investors, to apply through Friday for spots on its board of directors.

Membership in the Streamlined Sales Tax Governing Board is voluntary, but the Supreme Court ruling may serve as an impetus for more states and e-commerce retailers to join.

Rita Sallis has briefly rejoined the MSRB board following the resignation of Jim Beard and Ronald Dieckman's term has been extended.

Tax accountants, financial advisors, private schools, and other organizations are advertising tax credits for donating to private K-12 voucher funds as ways to "sidestep," "bypass," "circumvent," or "mitigate" the impact of the federal SALT deduction cap, according to a survey.

CDFA said it is surveying local, state and multi-jurisdictional issuers about private activity bond fees in conduit transactions.

Bradley Wendt, a former investment banker with extensive experience in municipal bonds, interest rate swaps, and other fixed income products, joins Treasury's Office of Domestic Finance.

Six straight treasurers want SEC chairman Jay Clayton to stay the course on the commission's forced arbitration policy.

Sen. Jon Tester, D-Mont., and co-sponsors of a recently offered bill want to prevent businesses in their states from being forced to collect sales taxes from e-commerce transactions.

The Hudson Tunnel project would provide passengers traveling along Amtrak’s North East Corridor and NJ Transit commuters who work in Manhattan with a reliable link to replace a more than 100-year-old tunnel that was damaged by Hurricane Sandy.

Malachi Financial Products Inc. and its principal were charged with violating their fiduciary duty to a city in Mississippi, overcharging the city, and failing to disclose payments received from the underwriter.