Washington DC

The SEC won its case against Richard Ganci and Richard Tortora of Capital Markets Advisors over conflicts of interest present in their fee arrangement in connection to a $119 million offering for the City of Rochester, New York.

"We believe in this," Transportation Secretary Pete Buttigieg said.

Treasury representatives said Friday that they will be issuing further guidance to help counties deal with the upcoming reporting and compliance deadlines.

The Municipal Securities Rulemaking Board's April 17-18 meeting will center on the many rule amendments the regulator has on.

A new report by the MSRB showed that from 2018 to 2022, a substantial increase in trading activity and the number of pre-trade quotes has been responsible for better pricing.

Water systems will have five years to comply, although the Biden administration estimates only between 6% and 10% of systems will need to treat.

The amendments add three new scenarios that warrant disclosure under MSRB Rule G-47 on time of trade disclosure.

A newly-proposed D.C. budget renovates a sports arena while endangering reserves.

The DOT has made $20.5 billion available to state and local governments, in addition to signing an agreement that expands capacity at the Port of Baltimore following the collapse of the Francis Scott Key Bridge.

Federal agencies will be required to simplify Notice of Funding Opportunities as part of a "complete overhaul" of federal financial assistance rules.

The grants come from the IRA's flagship Greenhouse Gas Reduction Fund program, which separately provides $7 billion for states and cities that has yet to be announced.

A recent report calls for the elimination of the muni bond tax-exemption.

The snub could become more important next year when Tax Cuts and Jobs Act provisions expire and tax issues take center stage at Congress.

Representatives from the Securities and Exchange Commission gathered Tuesday to discuss some of their examination priorities and some of the trends they're seeing outside of exams.

Christopher Perillo agreed to settle charges that he improperly had access to study materials during an examination.

The loan is part of an Inflation Reduction Act program that finances the restart of renewable energy projects that have ceased operations.

D.C. promises $515 million in improvements to its existing downtown arena.

The compromise spending bill signed into law by President Biden keeps the government open, but whether that success is a sign of future cooperation isn't clear.

House Speaker Mike Johnson has unveiled a spending package to keep the government funded for the remainder of FY 2024, setting up a tense window for the bill to be passed before the government shuts down on Saturday morning.

The new rules are expected to boost bond issuance.