Organization Root Tag

State lawmakers will be back in session Aug. 26 in an effort to head off ballot initiatives that worry the state's public finance industry.

The state plans to price the bonds in early October.

Long-term liabilities have gone down and revenues have gone up, Fitch said.

Efforts at every level to respond to the growing problem of extreme heat are beginning to reshape how state and local governments think about emergency management.

Moody's sees strength in New Jersey's economy and governance. 

The Financial Industry Regulatory Authority adds Morgan Stanley to the growing list of firms charged with mark-up and mark-down failures on municipal securities transactions.

The state's year-old rules ban broker-dealers and investment advisors from using non-financial criteria in investment strategies.

A new classification scheme would allow market participants, both on the buy and sell sides, to correctly identify the source and nature of credit risk in their holdings and to aggregate such risk into meaningful sectors that share common risk drivers.

The bondholders have a lien on what has been received and not on what will be received, according to the Oversight Board and Unsecured Creditors.

The state bond commission approved Wells Fargo, Bank of America and JPMorgan as part of an underwriting pool Louisiana can hire on debt deals.

Gary Quinzel, vice president of portfolio consulting at Wealth Enhancement Group, gives his views about monetary policy and offers his opinion on the FOMC statement and Fed Chair Jerome Powell's press conference.

The amendments to MSRB rule A-12 on registration would cause bank dealers to disclose associated persons, the same requirements that currently apply to non-bank dealers.

Vikram Rai of Wells Fargo is dubious of some widely-held assumptions.

The bond parties and the Oversight Board are now arguing over the meaning of the word "account."

"Decelerating or slowing economic growth has sparked a classic flight-to-quality trade with short-term Treasuries being the prime beneficiary," said Gary Pzegeo, head of fixed-income at CIBC Private Wealth U.S.

All eyes now turn to the September Federal Open Market Committee meeting where the Fed is expected to cut rates, but market participants are mixed on whether it will be a 25- or 50-basis-point cut.

The Palisades Tunnel project and phase two of the Hudson River Ground Stabilization project will officially begin later this year.

The alma mater of former President James Garfield and current U.S. Rugby Olympian Kristi Kirshe plans to sell $108 million of bonds next week to help fund a new art museum and a multipurpose recreation center, according to bond documents.

Federal agencies have at least initially determined that CUSIP is not the best choice for an identifier as they develop rules pursuant to the FDTA.

The three new members will serve four-year terms beginning with the board's new fiscal year in October.