Washington DC

The MSRB said its newly-approved rules are an important part of its regulatory efforts, while groups representing dealers and MAs are say they are confusing and need clarification.

Jessica Kane's appointment as director of the Office of Credit Ratings suggests that Rebecca Olsen could remain acting or become permanent chief of the Office of Municipal Securities.

The MSRB said its proposals should be approved, despite objections from dealers and municipal advisors.

The timing of federal grants is an issue because that funding was used as a basis by the U.S. Transportation Department to authorize the use of tax-exempt PABs by the private owner for financing the proposed rail line between Miami and Orlando.

The treasury secretary said such a bill could pass within two months.

The MSRB will ask for market feedback on potential interpretive guidance related to a practice the board worries may impair market liquidity.

Hub airports and general aviation airports located in metropolitan areas missed out on the additional funding they were hoping for.

The former presidential candidate implored New York and New Jersey to enable their cities to execute streamlined project delivery.

A new law will convert local government CAFRs into a digital format, making statistics more readily available at low cost.

Pension costs and slow growth in state revenues contributed to a fifth straight year of net tax-supported debt growth of under 2%.

Airport lobbyists are hopeful that they can at long last begin dictating the fees they use to secure their bonds.

The Securities and Exchange Commission's decision not to extend the effective date of new markup disclosure requirements is disappointing to dealer groups, which have pushed hard for months for a delay.

One Democrat said the controversy showed the difficulty President Trump faces selling his plan to spur $1.5 trillion in infrastructure investment with an expansion of private activity bonds.

A Securities and Exchange Commission proposal that may trigger additional MSRB rulemaking is open for comment, and the MSRB is scheduled to discuss it next week.

The case involves as much as $100 billion in state and local sales tax revenue over the next decade, according the e-commerce retailers that are defendants in the lawsuit.

Lombard Securities and McDonald Partners agreed to pay fines after FINRA examiners found various violations of MSRB rules, including supervisory failures and trade reporting deficiencies.

The justices and attorneys both sides in a case involving South Dakota all appeared to prefer action by Congress to regulate this area of interstate commerce that has been forced on the high court by legislative gridlock.

Vicky Tsilas, who most recently headed branch 5 in the IRS chief counsel’s office for more than a year and a half, was involved in numerous rulemakings and guidance for municipal bonds.

Muni market groups told the MSRB that its latest FAQs about municipal advisors need to more clearly integrate existing guidance from both the board and the SEC to avoid creating confusion.

A high court ruling on online sales taxes that favors the states “could gradually improve long-term revenue growth prospects,” Fitch said.