Economy

NewEdge Securities was also ordered to pay disgorgement of $750,746 plus interest.

The bonds, which are expected to sell soon, are rated A1 by Moody's Ratings.

Mesirow's George Barbar said the group's top legislative focus is preserving the municipal bond tax exemption.

The series 2025B Black Belt Energy Gas District bonds are rated Baa1 by Moody's Ratings based on Deutsche Bank's key role in the transaction.

Hospital and health insurance operator UPMC's $735 million deal looks routine. But the volatile healthcare and insurance environments may disrupt that standard.

The state is trying to navigate its way to a fiscal 2026 budget amid potential federal policy changes and the heightened risk of a recession.

The MSRB has said it is amending a pending rule change that would greatly shorten the reporting time standard for municipal bond trades, which could cause problems for certain transactions, dealer firms said.

Moody's Ratings revised the outlook to negative from stable but affirmed the A1 rating on the CTA's senior lien sales tax bonds.

The Department of Transportation is signaling moves away from Biden-era infrastructure spending tied to environmental concerns and heading back to more formula funding, which is welcome news for transportation heads.

"March is not an overly positive month for munis, but a lot will depend on U.S. Treasuries," said Barclays strategist Mikhail Foux.

Federal Reserve Gov. Christopher Waller said the Founding Fathers supported independent money management and undoing it now would be a mistake.

With at least one important aquifer reaching peak allowable draw this year, Florida's water utilities are looking at a variety of infrastructure approaches.

Mass deportations and tariffs on key trade partners are expected to have a "significant" negative impact on the U.S. and California economies, according to the UCLA Anderson Forecast.

The planned fiscal 2026 increase in bonding is expected to continue for several years.

The MTA took a victory lap on congestion pricing, presenting new data and rebuking the "existential threat" from the White House. 

The 116% surge in healthcare bond sales from 2023 marked "a splash back from depressed issuance the few years prior," said Matt Fabian, partner at Municipal Market Analytics.

The number of transportation issues surged to 529 last year from 405 in 2023, according to LSEG data.

The Senate Committee on Environment and Public Works begins the process of untangling the bureaucratic red tape of permitting to speed the pace of infrastructure improvements and housing initiatives which often leverages bond proceeds.

A federal court has given an outside debtor-in-possession loan "superpriority" over the bondholders' lien.

Management is hiring a municipal advisor to evaluate its financial strategy.