News and Information from Bond Buyer

The Municipal Securities Rulemaking Board has published its strategic goals for the next four years, which includes the launch of EMMALabs, moving all of its data systems to the cloud and updating its rulemaking guidance.

The commowealth is flush with cash but still managing the effects of the COVID-19 pandemic.

“A year after two devastating hurricanes, Calcasieu Parish is struggling to rebuild because FEMA works at the pace of a snail,” says Treasurer John Schroder.

Municipals have been distracted by the robust primary market and that trend will continue next week when another large new-issue calendar greets investors.

The board sent mixed signals on a possibility of deal with legislature on pension cuts.

Detroit revised its revenue estimates upward this week as more revenue flows from the reopening of casinos and new internet gambling options.

Several strategists estimate the municipal market will be 50% taxable in five years if a direct-pay bond option makes its way into law.

RBC and two muni managers settled charges of flipping bonds in the SEC's latest action targeting abuse of retail order periods.

Concerns range from frayed infrastructure to better communication in the face of the deadly flash flooding that caught the city by surprise in storm Ida.

An S&P Global Ratings analyst says the foregone rental assistance funding isn't likely to be a credit issue for the state in the near term.

The local government is trying to apply pressure on the board to get its way on the Plan of Adjustment.

The Securities and Exchange Commission settled with the Sweetwater Union High School District as well as former Chief Financial Officer Karen Michel.

Refinitiv Lipper reported $1.3 billion of inflows and an increase in high-yield flows, marking the 28th consecutive week the fund complex saw inflows.

Illinois trimmed yield penalties in its latest sales tax-backed sale with spreads of 40 and 45 basis points on its 10-year compared to 89 bp three years ago.

The pluses and minuses of breaking up the 70-year-old Santa Monica-Malibu Unified School District will be weighed during a public hearing Saturday.

Friendly market provisions, including a direct-pay bond program and restoration of advance refundings, will head to full House after approval by Ways and Means Committee.

Chicago Mayor Lori Lightfoot chose San Antonio schools superintendent and former CPS CFO Pedro Martinez to lead the district ahead of a major governance shift.

While falling to the lowest amount of inflows since June 2, the total for the year according to ICI at $72 billion, is still on pace to come close to or break the record, $93.2 billion, hit in 2019.

Ridership on the RTA's three service boards remains sharply below pre-pandemic levels but it benefits from coronavirus relief and stellar sales tax performance.

Convention centers and hotels suffered another steep drop in business revenue in 2021, a survey shows.