SEC

The dealer group has opposed the proposed order from the start, and is keeping the pressure on as the SEC appears poised to approve the proposal in some form.

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

Municipal bond issuers say investors, analysts and regulators should narrow down the information they are looking for in their push for more disclosure.

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.

The Securities and Exchange Commission wll work with the market to change secondary disclosure habits without a mandate, issuers and analysts said.

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

Buy side analysts are skeptical about broker-dealer concerns that the order could greatly expand the private placement market.

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

An SEC advisory committee recommended allowing investment advisers affiliated with broker-dealers to offer and sell negotiated new issue muni bonds during the order period that the dealer also participates in.

Dealer groups want the SEC to examine broker-dealers and municipal advisors equally.

In the wake of the recent U.S. attack on an Iranian general, U.S. financial institutions are preparing to defend against potential cyberattacks.

The Lincoln-Way high school district won a Moody's upgrade to Baa2 ahead of a $23 million refinancing deal.

The Securities and Exchange Commission plans to focus on protecting Main Street investors in municipal bonds.

The investigation appears to be linked to the supervision of Deborah Kelley, a broker who was convicted and sanctioned for bribing a state pension fund officer.

Events at the SEC are likely to create a number of important MSRB rule changes in the coming year.

The orders issued Dec. 23 bring to a close the Securities and Exchange Commission enforcement action against Navnoor Kang, Deborah Kelley and Gregg Schonhorn.

In response to the SEC's complaint, the former chief business officer of a California school district said he acted in good faith.

Issuers, bond lawyers, and analysts have all raised complaints about the proposed addition to EMMA.