News and Information from Bond Buyer

The examination includes specific questions related to compliance with Federal tax requirements.

The Commission has settled with Roberto Mejill-Tellado for acting as an unregistered broker in the scheme that defrauded the city of Mayaguez, Puerto Rico.

Comptroller Brad Lander said the pension funds adopted a measurable and transparent plan that could serve as a model for other investors.

Gov. Phil Murphy wants to let a COVID-era corporate tax surcharge expire. Liberals want to make it permanent; conservatives want to cut it even more.

The deal is expected to close in the third quarter of 2023.

Detroit's return to investment grade is within reach if it stays on track after Moody's put a positive outlook on the Ba1 rating following an upgrade from Ba2.

Outflows continued with the Investment Company Institute reporting investors pulled $128 million from mutual funds in the week ending March 29, after $693 million of outflows the previous week.

California filed a disclosure notice March 30 saying it would cover lease revenue bond payments for a damaged Central Valley agriculture lab.

The collapse of the cryptocurrency exchange platform FTX had prompted the county and the team to look for a new partner for the 19,600-seat arena.

In fiscal 2021, 27,004 jobs were created in Florida alone through space agency spending, according to the space agency's calculations.

Chicago voters picked Brandon Johnson — a Cook County Board Commissioner, former teacher, and Chicago Teachers' Union organizer — as their next mayor.

The SEC's Office of Municipal Securities has added Soo Im-Tang in Los Angeles, Preston Swapp in Chicago and Matthew Newman in Atlanta.

Tenneesse Gov. Bill Lee's $3.3 billion Transportation Modernization Act cleared its final legislative hurdle last week.

Outside of economic data, "a light forward calendar is driving strong demand in the secondary market and with new issues, with some deals being significantly oversubscribed," SWBC's Roberto Roffo said.

Moody's Investors Service downgraded Providence St. Joseph Health a notch to A2, following similar moves by S&P Global Ratings and Fitch Ratings.

The acquisition closed Friday and all nine employees, who provide municipal and healthcare advisory services and treasury consulting services, joined PFM.

Economic activity index is up month-to-month but down year-over-year.

Moody's GO and issuer default rating upgrade to A3 from Baa1 follows a similar action taken by Fitch in November.

The struggling Chicago suburb is waiting on audited financial statements that, once in hand, will pave the way for an exchange offer to its GO bondholders.

Tishelman, a 40-year market vet, comes to Siebert from UBS Financial Services, where he was a managing director and head of issuance strategies and municipal sales.