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The former BlackRock senior managing director has been elected to the MarketAxess board of directors.

A judge ruled the Miami-Dade County Expressway Authority can still write checks even though it was abolished in a bill signed July 3 by Gov. Ron DeSantis.

Unlike the other first half rankings, top municipal underwriters counsel have done less business so far this year to what they did in the first half of 2018. Underwriters counsel totaled $104.89 billion in 1,622 transactions compared to $106.76 billion in 1,614 deals. Similarity to the bond counsel rankings, the leader remained that way while the rest of the rankings were muddled.

The top municipal bond counsel rankings were all mixed up from how they looked a year ago, with the exception of Orrick, which remained on top.

The two active municipal bond insurers are currently outpacing their output year-over-year in terms of industry penetration rate, par amount insured and number of transactions. Assured Guaranty and Build America Mutual have combined for $9.69 billion of insured volume spanning 798 transactions and 5.8% penetration rate so far in 2019, up from $9.06 billion in 625 deals and 5.5% insured rate the two achieved during the first six months of 2018.

The top municipal bond financial advisors are almost running on the same pace as they were last year in terms of par amount. So far in 2019 they have accounted for $137.44 billion throughout 3,512 transactions, slightly up from the $137.20 billion in 3,344 deals in the same time period the year before. The top three spots remained the same, with the Public Financial Management Group extending its lead.

Registered advisory firm Dale Scott & Co. will pay $25,000, and one firm and one individual each will pay $10,000 for acting as unregistered solicitors.

The IRS regulation is targeted at ending workarounds by state and local governments that have been enacted since the cap was included in the 2017 Tax Cuts and Jobs Act.

Warnings about the weak health and liquidity risks of Chicago’ pension system litter the funds’ 2018 financial reports.

The court ruled against an interlocutory appeal by JPMorgan and other defendants accused of collusion in pricing variable rate demand obligations.

Federal Reserve Board Chair Jerome Powell added little to his recent Congressional testimony, so despite strong retail sales data, it appears the Fed will cut rates later this month.

The muni market started the week hitting the ground running as the second biggest deal of the week priced along with a few others on what was a active Tuesday.

Eli Dvorkin of Center for an Urban Future explores how to improve New York City’s public parks infrastructure, from better staffing to untapped revenue opportunities. Paul Burton hosts.

Researchers found many pension plans have already taken significant steps to assure their long-term sustainabilty.

The criminal behavior must stop, but the recovery must proceed. Indeed, the recovery could get stronger from this recent purge.

The expected decline in coal production amid pressure for climate change action demands better bond disclosure from affected governments, a new paper argues.

Illinois is building a foundation to chip away at the state’s massive fiscal challenges, according to Deputy Governor Dan Hynes.

The new budget draws down fund balances for new spending and tax relief but improving reserves and fully funded pensions cushion the state's ratings.

New-issue supply started to trickle into the market Monday, a thin stream that will turn into a torrent by week’s end.

Marybel Batjer will head the Public Utilities Commission as investor-owned utilities struggle with wildfire liabilities.