MSRB

He served a third of his career as a senior managing director of Citi’s Institutional Clients Group, a role from which he retired in June 2019.

Most of the disclosures tracked since the beginning of the year were filed in March, the MSRB said.

The group is charged with advising MSRB board members on ways to improve EMMA.

Morgan Stanley, Ameritas Investment Company LLC and a former Stifel broker agreed this week to pay the fines for violating multiple muni securities rules.

In the MSRB’s first report showing data from March 24, trades topped 87,215, which is likely a record, said Marcelo Vieira, MSRB director of research.

First Manhattan Co. bought municipal securities from an unaffiliated dealer without making a reasonable effort to obtain fair and reasonable prices, FINRA said.

The SEC answered questions regarding COVID-19 disclosure in a webinar Thursday and said there would not be relief for issuers' late annual financial filings.

Tax-exempt municipal yields rose substantially last week causing the MSRB to take a look at trade data, said John Bagley, MSRB chief market structure officer.

But EMMA will ultimately have to drill into disclosures to provide full transparency

The MSRB's annual fact book showed that trading volume dipped 14% year over year.

The new committee of volunteers will be tasked with helping shape the future of EMMA.

The SEC said that the timeliness of disclosures is a “major challenge” in the secondary market for municipal securities.

Bond Dealers of America sent the SEC a long list of requests to limit municipal advisors' roles in private placements.

The board is considering whether it should allow dealer-affiliated municipal advisors to count towards the MA board seat requirement on a smaller board.

The Municipal Securities Rulemaking Board on Monday detailed plans to reduce its board size and alter its composition.

The Municipal Securities Rulemaking Board has received criticism for the large size of its board and its selection of public board members.

The Securities and Exchange Commission will discuss voluntary disclosure and buy-side perspectives among other topics in March.

Nicole Byrd, a senior investment professional at Nationwide Mutual Insurance, will be the National Federation of Municipal Analysts chair for the next year.

The board will, among other things, review comments on a proposed order that would allow municipal advisors to participate in some private placement activities.

The Municipal Securities Rulemaking Board's assets dropped by $8.5 million.