Organization Root Tag

Three firms and an individual were fined a total of $187,500 for a range of rule violations related to the use of alternative trading systems, spending during rating agency trips, unsuitable trading, and untimely reporting of munis.

State agencies and universities are expected to generate 26% less bond volume this fiscal year, according to the Texas Bond Review Board.

The municipal bond market will see $3.35 billion of new deals hit the screens next in a holiday-shortened week. Ipreo estimates weekly volume at $3.35 billion, up from $3.12 billion this week.

Although he continues to maintain that two rate hikes this year are appropriate, Federal Reserve Bank of Philadelphia President Patrick Harker said Friday he is closely monitoring the flattening yield curve.

The Federal Reserve will raise interest rates in March, followed by one or two more in 2018, former Fed Gov. Randall Kroszner predicted Thursday night.

The municipal bond market is gearing up for a lighter-than-average new issue calendar in a holiday-shortened week, with about $3.35 billion of bonds slated for sale.

Mayor Bill de Blasio envisions a tobacco-type groundswell in the fight against fossil-fuel companies while skeptics differ.

New York City Councilmember Daniel Dromm will take over as Chair of the finance committee, assuming a key role in budget negotiations with the mayor’s office.

Municipal bond buyers gobbled up taxable supply from Pennsylvania and Illinois Thursday as the recent rise in yields slowed.

The first meeting of the Securities and Exchange Commission’s Fixed Income Market Structure Advisory Committee focused mostly on corporate bonds and barely addressed the municipal securities market.

Low interest rates may not be a “serious problem” and while tax reform will support near-term growth, it will add to the long-term burdens on the economy, Federal Reserve Bank of New York President William Dudley said Thursday.

The promotion for Heather Wendell was among a series of key appointments made by acting chief executive Janice Jackson.

New Jersey’s escalating pension burden threatens to derail future budget plans, a report said.

Gov. Jerry Brown's $190.1 billion spending plan emphasizes stockpiling reserves, but fellow Democrats in the legislature want more spending.

Gov. Dannel Malloy urged lawmakers to replenish the Special Transportation Fund.

Municipal bond buyers saw some taxable supply hit the screens on Thursday as the recent yield rise slowed and traders' attention shifted to next week’s holiday-shortened week.

Puerto Rico bondholders will have to wait until Jan. 24 for details on how much their payments may be reduced because of hurricane devastation.

The Municipal Securities Rulemaking Board’s net assets rose about $5.1 million to $74.4M in fiscal 2017, according to audited financial statements, adding to a healthy reserve the MSRB said it needs to ensure uninterrupted operations.

Municipal bond buyers are seeing the last of this week’s big deals hit the screens on Thursday as their eyes turn to next week’s new issue slate.

The annual revisions to the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey changed numbers for most months, but the pattern remained the same, the Bank said Thursday.