Washington DC

Municipal advisors were hoping for something more robust than the comments the MSRB incorporated into its latest "compliance resource."

Thursday's 5-4 ruling involves a 2016 law enacted by South Dakota requiring out-of-state e-commerce retailers to collect sales tax if they have more than 200 transactions annually or $100,000 in sales within the state.

The Kinney County Public Facility Corp. issued $9.23 million in project revenue bonds to finance the the warehouse style building with 384 beds for adults.

The federal government's job board stops taking applications next week.

Illinois and Pennsylvania are the only two with a negative rating outlook, Fitch Ratings said Tuesday.

Ex-Morgan Stanley branch manager Terry Lee McCoy failed to act on several "red flags" that the accounts of an elderly and incapacitated customer were being abused, FINRA said.

A bill now in committee would sell distressed federal assets to fund projects in distressed communities and pay down the deficit.

Emrich is a longtime credit and bond analyst in the municipal securities market.

There was friction about the integrity of the muni market during a panel discussion Thursday, but the committee agreed to move along with some disclosure recommendations.

A majority of states leverage their revolving funds to issue municipal bonds to finance local projects.

Only nine states reported making midyear budget cuts totaling $830 million this year compared to 22 states that cut $3.5 billion in 2017.

State officials say the new funds will increase the local share of funding for Gateway and improve the project's chances of getting federal funds.

Navnoor Kang, a former director at the New York State Common Retirement Fund, wants home confinement rather than prison.

The Government Finance Officers Association said Tuesday it generally supports most of the recommendations an SEC panel plans to discuss in Atlanta later this week.

The proposed rules would clarify that an institutional investor could take part in a public-private partnership for a bond-financed project without making the bonds taxable.

An advisory panel suggested modifying the fee structure for tax law violations to encourage more issuers to self-report them.

The SEC's Investor Advisory Committee's vice chairman is Elisse Walter, the former chairman and commissioner of the SEC who was most responsible for the commission's 2012 Report on the Municipal Securities Markets that suggested some of these muni reforms.

States could gain $8 billion to $33.9 billion in additional annual revenue if the high court rules in favor of South Dakota, while a loss would mean the status quo.

Two town officials also received civil penalties totaling $35,000 and were ordered to resign and be temporarily barred from employment with Ramapo, N.Y.

Senate and House Appropriations Committees appropriate more funds for certain transportation and housing programs after the president sought cuts to or elimination of the programs.