Northeast

The orders issued Dec. 23 bring to a close the Securities and Exchange Commission enforcement action against Navnoor Kang, Deborah Kelley and Gregg Schonhorn.

The U.S. Department of Transportation reasonably determined the Florida’s passenger train owners were qualified to receive private activity bond financing.

Ballard Spahr’s public finance group is increasing in size as it grows beyond traditional tax-exempt financings.

Members of a bipartisan panel appear to agree in principle on a long-term proposal to narrow the state's annual highway funding gap by using more state revenue, adding taxes and fees and lowering annual bonding for transportation.

Twelve banks agreed to stricter antitrust oversight under the $250 million accord, said Pennsylvania Treasurer Joe Torsella.

Moody’s Investors Service lowered the rating of the private collage in upstate New York to Ba3 from Ba1.

Opponents to the under-the-radar provision say its harshness could impede the execution of the MTA's new capital program by deterring contractors.

Facing loss of their tax-exemption under 2017 tax legislation, rural electric and utility cooperatives lobbied for language in the new federal spending bill.

Laura Porter will be analytical global group head of public finance and infrastructure ratings, replacing Dan Champeau, who is moving to Fitch Solutions.

Justin Elicker will take over a Connecticut city with challenges that include low pension funding and a rift between downtown and its poorer neighborhoods.