SEC

Issuer fears that ESG regulation will lead to disclosure trouble are overblown, the SEC’s muni office chief said Wednesday.

Municipal advisors are seeking more and better communication from regulators and enforcers, NAMA Executive Director Susan Gaffney says. Kyle Glazier hosts. (24 minutes)

The Securities and Exchange Commission has sustained the Financial Industry Regulatory Authority’s disciplinary action against J.W. Korth & Company.

The Securities and Exchange Commission’s Division of Examinations intends to home in on municipal advisor obligations, transfer agents and municipal issuer disclosures.

Elements of the Securities and Exchange Commission’s climate disclosure proposal may influence the Municipal Securities Rulemaking Board as it considers more specific rules for the municipal bond market.

The Government Finance Officers Association issued a warning for government officials aiming to deal in cryptocurrencies in addition to updating its best practices for issuers of designated bonds

Sanchez was instrumental in drafting the municipal advisory regulatory regime during his previous stint at the SEC.

The Securities and Exchange Commission has charged Texas' Crosby Independent School District and two individuals in connection with the school district’s 2017 fiscal year financial statements.

SIFMA had argued that the SEC's temporary exemption order for municipal advisors was arbitrary and capricious.

The defendants believe the charges are lacking on numerous levels while the SEC argued that fee-splitting is a clear and known rule violation.

Price has deep experience at the SEC, and Abonamah was once a top presence in the muni office.

Industry advocacy groups want uniform rules that enhance clarity and common understanding without adding complexity or liability.

Acting director for the SEC Office of Municipal Securities Ernesto Lanza spoke about issuer disclosure and Rule 15c2-12, the Commission’s relationship with the MSRB and its efforts improving market transparency.

Todd Cipperman, founding principal of Cipperman Compliance Services, talks with Chip Barnett about compliance and disclosure and regulation by the federal government in 2022. (42 minutes)

Unregistered municipal advisor activity and breaches of fiduciary duty remain priorities.

The Securities and Exchange Commission has proposed amendments to its money market fund rules, which it has tinkered with repeatedly since the Great Recession.

The defendants are raising questions about due process and the definition of fee-splitting arrangements.

"The vast majority of muni issuers are trying to do the right thing,” Zehner said. “The vast majority of underwriters and municipal advisors are trying to do the right thing.”

Recommending Libor-linked securities triggers important disclosure and fiduciary obligations.

The Municipal Securities Rulemaking Board is seeking comment on environmental, social and governance factors practices in the municipal securities market.