SIFMA

The proposed changes are part of the MSRB's ongoing retrospective rule review.

The White House and a bipartisan cadre of lawmakers appear committed to getting infrastructure, including top muni market lobbying goals, achieved.

The MSRB will retire 15 pieces of guidance, though those will still be available online for historical purposes.

The bonds would include a subsidy rate of 28% and would be exempt from sequestration.

His departure comes as lawmakers are working quickly to put together an infrastructure bill, with hopes of including key municipal bond provisions.

Among over 1,200 dealers registered with the MSRB, 21 firms are bank dealers who would be impacted by the change.

Reinstating certain municipal bond provisions would make way for more infrastructure investment.

The use of alternative trading systems is growing, accounting for 21% of all trades in 2020.

Bills to expand the use of tax-advantaged bonds that are being reintroduced in the new Congress have favorable odds for being signed into law this year.

Dealer groups say changes to FINRA rules should be cohesive with municipal rules.