BDA

The Bond Dealers of America is proposing a multi-faceted "business plan" that would give dealers more time to comply with a rule requiring them to disclose their markups and markdowns to retail customers.

Former U.S. Transportation Secretary Ray LaHood an 116 groups call for a bipartisan, multi-level governmental approach to infrastructure that includes municipal bonds.

Even though tax bills would have a PAYGO problem, Republicans may have the upper hand.

Muni market participants may not be ready in time to implement a pending markup disclosure rule on which regulators place huge importance.

Advance refundings were 27% of market last year, PABs were 19% and most were 501(c)(3)s.

BDA is bolstering its federal legislative and regulatory policy staff.

Market participants are unsure what the Municipal Securities Rulemaking Board is after.

The rules would be overly burdensome, restrictive, costly, and would hamper infrastructure projects.

Muni market participants will have more time to prepare for customer account transfer changes.

Jessica Giroux will replace Bill Daly as NABL's director of government affairs next year.

SIFMA wants the MSRB to harmonize its rule on account transfers with FINRA's regulation.

Market participants say MSRB should include non-bank entities.

Bond Dealers of America and the National Association of Bond Lawyers make regulatory recommendations to the Treasury Department and Internal Revenue Service.

Issuers, dealers want SEC to rethink its event notice disclosure proposal; investor groups support it

The MSRB will examine a host of critical comments on its proposals during its next board meeting.