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The rating agency's new local government rating criteria led to the higher rating.
July 2
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The board's executive director said he is unsure how much longer the PREPA bankruptcy proceedings will take.
July 1
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The SEC, MSRB and FINRA will gather in Denver Nov. 20-21 to discuss compliance for MAs and broker-dealers, examination priorities, and more.
July 1
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Gov. Kathy Hochul's "pause" on congestion pricing puts a $16.5 billion hole in the Metropolitan Transportation Authority's capital plan.
July 1
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The Supreme Court decision in SEC v. Jarkesy held that Congress can't force regulated entities to defend themselves in the SEC's in-house court, but likely won't change much for the Public Finance Abuse Unit.
June 28
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In a separate development, the board asked an appeals court to reconsider its PREPA decision.
June 27
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LA Metro, which has been considering congestion pricing since 2018, said it had "looked forward to learning lessons" from New York's now paused initiative.
June 27
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David Skeel said he was proud about cutting Puerto Rico's debt and stabilizing the island's finances.
June 26
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Wyoming Gov. Mark Gordon, a Republican, recently vetoed anti-ESG legislation similar to Missouri's, saying that it overstepped legal authority.
June 26
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Ransomware group LockBit threatened on Sunday to publish the stolen data Tuesday evening. Ransomware experts said it was likely that the group was bluffing.
June 25
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Total volume currently stands at $224.13 billion, up 38.5% from $161.848 billion at this time last year. As the end of the first half approaches, several firms are revisiting their supply projections for the year, given the growth so far this year.
June 25
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"It is hard to be overly excited about current valuations of tax-exempts relative to Treasuries; however, at tax-adjusted yields (using individual tax brackets), munis look quite attractive compared with other asset classes," noted Barclays PLC.
June 21
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A petition aimed at the Federal Emergency Management Agency highlights the deficiencies and opportunities FEMA has in adapting to a world of frequent extreme weather events
June 21
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Municipal bond mutual funds saw small inflows as investors added $16.4 million to the funds after $154.4 million of inflows the week prior, according to LSEG Lipper.
June 20
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The state's new law requires companies like investment banks to provide written verification of their positions, part of a trend among similar bills aimed at preventing Wall Street banks from lying about their positions, said a firearms industry lobbyist.
June 20
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Issuance this year is "well on its way" to $450 billion, mostly from the tax-exempt supply of new money projects, said Matt Fabian, a partner at Municipal Market Analytics.
June 18
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A coalition of metropolitan planning organizations and transportation officials along the Interstate-4 corridor approved a resolution supporting further development.
June 18
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Investors may want to consider non-disclosure of climate hazards as a symbol of non-resilient projects and limited planning.
June 18
