Washington

The city of Mobile, Ala., has agreed to pay an undisclosed sum of money to the Internal Revenue Service to maintain the tax-exempt standing of $63.4 million of general obligation refunding and improvement warrants it issued in 2006.

The Municipal Securities Rulemaking Board wants to amend its proposal to require dealers to disclose their markups and markdowns in certain transactions by lengthening its implementation timeline and clarifying provisions that market participants have criticized.

Transit advocates want Maryland Gov. Larry Hogan to drop search for high-tech ways to unclog congestion.

Issuers, borrowers, and MAs disagree that they violated state and local government series securities (SLGS) rules.

Voters approved more than $200 billion of bonds, tax extensions, and new revenues for roads and transit.

Five are named to the MSRB's Investment Advisory Board for 2017.

Donald Trump's plans to dismantle the Dodd-Frank Act and impose a moratorium on new regulations could affect the municipal bond market.

President-elect Donald Trump's promise to rebuild the nation's infrastructure is resonating with Republican and Democratic lawmakers, but could spell trouble for municipal bonds.

The stage for is set for historic tax reform that could imperil the tax exemption for municipal bonds.

The Municipal Securities Rulemaking Board's proposal to require dealers to disclose their markups and markdowns in certain transactions is long overdue and will greatly benefit retail investors, said the Securities and Exchange Commission's Investor Advocate.