SEC

The proposed changes would reduce the volume of disclosures dealers have to make to customers each year.

The MSRB has announced an extension for municipal bond advisors seeking Series 54 certification, moving the compliance date from to Nov. 30, 2021, from Nov.12.

Porter Bingham stands accused of stealing $33,000 from the city of Rolling Fork, Mississippi.

At stake, from SIFMA's perspective, is the potential of the SEC to revive the exemption in the future.

The board decided last month it would seek commission approval to tweak rules related to mandatory disclosures.

Research suggests limited effectiveness of the SEC's rules requiring disclosure of private debt.

The dealer group's concern is on the treatment of institutional SMMPs under the suitability standard.

SEC Chair Gary Gensler's pick for enforcement director resigned just days after being announced.

The new director will be familiar with pay-to-play enforcement and public accounting fraud, which are important in the muni space.

The Securities and Exchange Commission previously charged one of the seven, an unregistered investment adviser, with similar allegations.