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The unions say Act 53 bars the changes to the pensions that the Oversight Board say are necessary for the Plan of Adjustment.
November 12
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Investors put nearly $2 billion into municipal bond mutual funds for the most recent week with high-yield reversing a downward course to hit $1.2 billion following just $1 million a week prior.
November 12
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Compliance input and advisory group submissions are due by Dec. 13th
November 12
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The Build Back Better reconciliation bill would raise the SALT cap to $80,000 from $10,000, and that impact varies widely from state to state.
November 12
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Gov. Phil Murphy’s narrow re-election win and Senate President Steve Sweeney’s stunning loss to an unknown resonate well beyond the Garden State.
November 12
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ICE expanded its ESG reference data coverage to now include two million fixed-income instruments.
November 12
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The inability to advance refund has cost issuers up to $10 billion since 2020, according to Municipal Market Analytics, a figure lobbyists hope will help make their case.
November 12
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Michigan issued debt in June to cover its portion of the settlement approved by a federal judge Wednesday.
November 11
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Former JP Morgan broker allegedly provided incorrect and misleading account reports to a customer.
November 11
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By lowering the amount of private activity bonds needed to finance low-income housing, the provision would free up PABs volume for other projects.
November 11
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The state's fiscal 2022 update and five-year forecast offers a brighter near- and mid-term budget picture thanks to federal relief and strong revenues.
November 10
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The Investment Company Institute reported $657 million of inflows into municipal bond mutual funds while ETFs saw $828 million of inflows, a massive increase over the $43 million reported a week prior.
November 10
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With less defined mechanisms than other cities, a report says, the incoming mayor has an opportunity to shape the city's reserve policy.
November 10
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A planned 4,500-bed dorm at the University of California Santa Barbara comes as the neighboring city threatens to sue over a lack of on-campus housing.
November 10
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One of the underwriters targeted by a Texas gun protection law is asking permission to resume doing business in the state.
November 10
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New York, New Jersey and Connecticut finally come to terms on splitting up emergency funding.
November 10
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Triple-A benchmarks have fallen double digits since Nov. 1, with the largest moves out long. California, the District of Columbia, Wisconsin and other issuers part of a $6 billion new-issue calendar priced.
November 9
