BDA

Broker-dealers can avoid fines if they self-report 529 savings plan supervisory violations by April 1.

Dealers want to change some of the language in the Municipal Securities Rulemaking Board Rule G-17 interpretive guidance.

The SEC has signaled a focus on pay-to-play and disclosure fraud.

Muni regulators are expected to slow the pace of new rulemaking and focus on enforcement in 2019, with an emphasis on continuing disclosure.

Republican Rep. Randy Hultgren co-founded the group in March 2016 with Rep. Dutch Ruppersberger of Maryland, who will continue as the Democratic co-chair.

SIFMA and BDA responded to the MSRB's request for comment on muni indices and benchmarks, and transparency was a major theme.

The lame duck session of Congress that convened this week may include passage of a tax bill released Monday night by Rep. Kevin Brady, R-Texas, the outgoing chairman of the House Ways and Means Committee.

Distinguishing abusive `pennying' from less insidious behavior is key, dealers told the MSRB.

The board stands by its chief economist's conclusions after criticism from the Bond Dealers of America.

The MSRB should tread carefully in basing future research or rulemaking on its July study of secondary market spreads, BDA said.

Democrats could attempt to revive Build America Bonds as part of a bipartisan infrastructure bill following their House victory.

The first meeting for several new board members included discussions with other regulators and groups, the MSRB said Monday.

The number of MSRB-registered dealers has fallen by almost one-third since 2009 and FINRA and the MSRB have some concerns about it.

The municipal securities market is slowly looking more like the stock market.

The MSRB needs to better explain the mock advertisements in its compliance resource, a pair of industry groups told the board this week.

Groups active in the muni market are spending millions of dollars to influence policy and elect candidates, records show.

The Bond Dealers of America has formed a Fixed Income Market Structure Working Group to advise regulators, lawmakers and market participants on structural changes in the fixed income industry and marketplace.

The MSRB's guidance on social media use by muni advisors under its new advertising rule could use some work, market participants said.

Where the SEC's Rick Fleming sees potential benefits, broker-dealers see burdensome, duplicative work.

The top executives of FINRA, the MSRB, and some industry groups received total compensation of more than $1 million, The Bond Buyer’s latest survey of compensation levels at 23 municipal market-related groups shows.