SEC

Following the news that Rebecca Olsen, former director of the Office of Municipal Securities has moved to deputy chief in place of Mark Zehner, the Securities and Exchange Commission has named Ernesto Lanza as acting director.

Mark Zehner has retired from his position as deputy chief of the SEC's public finance abuse unit, a position that Rebecca Olsen, former director of the Office of Municipal Securities, has taken over.

The change of plea hearing is set for Thursday in a federal court in Mississippi.

The Securities and Exchange Commission has charged an Illinois-based broker with defrauding three investors out of $800,000 by luring them into investing in nonexistent tax-exempt bonds.

The Securities and Exchange Commission has obtained a final judgment against John Paulsen, a broker-dealer charged with aiding and abetting a pay-to-play scheme with the New York State Common Retirement Fund.

The Commission’s enforcement results highlight the importance of proper disclosure.

The case may turn on whether the SEC’s temporary order is capable of repetition and evading review.

“That's a big loss to me personally and to the commission,” SEC Commissioner Hester Peirce said Wednesday.

The application period for this significant role is slated to close Friday.

The position has been held by Rebecca Olsen since 2018.

A recent panel discussion shed some light on how issuers and borrowers should be disclosing climate related information.

Officials from multiple regulators came together on Thursday for a detailed discussion about municipal advisory regulation.

Erring on the side of caution and good documentation are key to managing conflicts of interest

Muni advisors can dialogue with regulators on key obligations from multiple perspectives

SEC Chairman Gary Gensler signaled he wants to bring greater efficiency and transparency to municipal bond market

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.