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The bonds were used to finance the acquisition and renovation of an assisted living facility in Alabama by Dwayne Edwards, who the SEC charged with fraud last year.

Solvency for the beleaguered unit is a tall order for the new H+H chief, given myriad challenges from within and afar.

The House has approved similar municipal securities and Puerto Rico provisions, but has wanted more sweeping bank deregulation legislation than the Senate.

The newly updated Congressional Research Service report may be used as a resource by lawmakers if infrastructure legislation with private activity bond provisions is introduced.

Democrats are frustrated that President Trump's infrastructure plan would require state and local governments to come up with the majority of funds for infrastructure projects.

Some states don't remit all of the sales tax funds that are due to local governments from e-commerce retailers.

Concerns about Trump's infrastructure plan and the president's proposal to eliminate TIGER grants surface at Senate Commerce Committee panel hearing.

The Trump plan proposes only a 20% federal share, leaving local governments to come up with 80% of their own money or in partnership with the state and private investors.

The Municipal Securities Rulemaking Board must conduct a test of its business continuity and disaster recovery plans at least once every 12 months.

MSRB publishes a resource document after deciding not to take regulatory action on minimum denominations.

More than 64% of the funding under the TIGER program was awarded to rural projects – a record amount since the program started.

A fourth-quarter surge in municipal bond issuance spurred by tax reform led to the largest market in years.

The subsidy payments for direct-page bonds are claimed using IRS Form 8038-CP, which is a "smart form" designed to prevent entry errors.

A sweeping bank regulatory bill under debate in the Senate is very close to achieving something the muni market has been fighting for since 2014: the inclusion of municipal bonds as high-quality liquid assets.

NABL favors shortening to seven from 14 days the advance notice requirement for a public hearing about the issuance of PABs.

The $1 trillion infrastructure plan unveiled by Senate Democrats would be paid for by a rollback of some of the recently enacted Republican tax law provisions.

Transportation Secretary Elaine Chao confirmed a report that President Trump lobbied House Speaker Paul Ryan against putting any funding for the project in an omnibus spending bill.

The Trump administration and a bipartisan group of four senators weigh in on the states' ability to collect online sales taxes in friend-of-the-court briefs filed with the Supreme Court.

Analysts have noticed a definite hesitance of issuers to talk to them one-on-one and blame the MSRB's market advisory warning issuers against revealing material information to select investors.

The Securities Exchange Commission and the former town attorney for Oyster Bay, N.Y. have agreed to a proposed settlement of SEC charges.