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A financial instrument that has appealed to many municipalities to remedy underfunded pension plans is once again looking like a losing borrow and bet scheme.
February 3
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The $10,000 state and local tax deduction cap is an important issue for high tax states like New York and California and investors who trade paper from those states.
February 2
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The political uncertainty could eat into the number of "clean weeks" for issuance, said Citi's Vikram Rai.
February 2
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The MSRB is proposing to allow previously qualified muni advisors, who have been out of the profession for two or more years, a one-time exemption from having to requalify by examination.
January 31
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The MSRB took no concrete actions at its meeting that ended last week, but discussed initiatives important to market participants.
January 30
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Kelly has twice introduced legislation to broaden private activity bonds.
January 27
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A number of states are taking aim at tax reductions, though some experts view the move as misguided policy.
January 26
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A group of top local government associations have formed a new legal coalition aimed at Supreme Court cases that carry municipal implications.
January 26
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The three firms were ordered to pay $515,000 in restitution, but were spared any additional financial penalty.
January 25
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Inflation continues to wreak havoc on new construction rental projects that are still in the pipeline.
January 25
