Washington DC

The MSRB said its rules prohibit municipal advisors from passing on fees to municipal issuers.

IRS examiners will focus on compliance with arbitrage, PAB requirements for munis.

Municpal advisor firms would have to pay $500 rather than $300 annually for each MA professional.

Lucy Hooper, a member of the MSRB since 2014, will take the helm as chair effective Sunday.

Rep. Nydia Velázquez says Trump's 10-day waiver of Jones Act won't help Puerto Rico.

The proposed rules would be updated to cover all PABs and recognize electronic communications.

The tax reform plan does not mention munis and market participants would rather see it in writing than have assurances from the White House.

Republicans say they would offset repeal of SALT deduction by increasing the standard deduction.

The Title III bankruptcy case omnibus hearing has been indefinitely postponed.

Effort to help Puerto Rico hampered by logistics, such air traffic control system damage.

Underwriters are "holding the price" for five days even if they don't need to.

Each FHLB regional bank has its own selection criteria, but they look for a real estate portfolio.

About 36% of municipal advisor firms are sole practitioners, MSRB says.

The same coalition successfully prevented the repeal of the SALT deduction during 1986 tax debate.

Permanent disaster bond program proposed for future recovery efforts.

The private letter ruling from the IRS concludes a city commuter rail division is a political subdivision that can issue tax-exempts.

The National Governors Association plans to file a friend-of-the-court brief in case.

FINRA cases involved muni rule violations relating to minimum denominations and conflicts of interest.

Senators, witnesses at hearing debated whether Congress should double or triple the standard deduction.

Municipal Bond Club of New York members were urged to "continue preaching" the benefits as Congress debates tax reform.