Organization Root Tag

The firm attached a corrective action statement detailing changes to its personnel, compliance department and municipal trading desk.

Twice-indicted Fall River, Massachusetts, Mayor Jasiel Correia II intends to take a leave of absence and end his run for re-election.

Also revealed is the addition of longtime NABL member Perry Israel to the Edelweiss Fund legal team.

Rampant issuance continues with $12.4 billion, heavy on taxable deals. Meanwhile, the end of this volatile week had the secondary getting whacked with AAA benchmarks showing big cuts.

The House Natural Resources Committee, meanwhile, is meeting Oct. 22 to consider removing the infrastructure revitalization section from the federal legislation that established the Puerto Rico Financial Oversight and Management Board.

With talk of a possible mini deal on trade with China and the Federal Reserve announcing it will buy about $60 billion of Treasury bills each month to build its reserves, the 10-year Treasury note was yielding more than three-month bills on Friday for the first time since July.

Issuers from New York, Florida and Nebraska offered buyers notes, bonds and taxable deals.

Massive borrowing for essential projects in the face of a projected deficit spike is a dilemma as its $51.5 billion capital program undergoes scrutiny.

Part of the problem could be “the apparent failure of mainstream economic models to capture fully the current reality.”

Moody's Investors Service cut OSF Healthcare System to A3 from A2.

MSRB Chief Education Officer Ritta McLaughlin will be the fifth senior official to leave the MSRB in the last couple of months.

The general obligation bond measure would allocate $9 billion to K-12 schools and $6 billion to the state's universities and community colleges.

Bondholders' hopes of getting more than 13 cents on the dollar depend on rulings in various legal proceedings.

Competitive issues dominated Wednesday’s calendar with issuers from Nevada, Texas and New Jersey leading the pack.

The sections pertaining to public finance can be implemented immediately.

The minutes from the latest Federal Open Market Committee’s policy-setting meeting highlighted some disagreements between members.

Though many participants were pleased with changes the Municipal Securities Rulemaking Board has proposed for its fair dealing guidance, some worried about new compliance expectations.

The rating agency upgraded the hospital system to Aa2 from Aa3.

The Bond Dealers of America is forming an Affiliate Member Division to bring a lobbyist voice to smaller firms.

A large calendar this week should spark high demand, market participants say.