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The Treasury Department Inspector General for Tax Administration plans to audit the IRS' use of a much-feared enforcement tool under which it can impose penalties for the misconduct of municipal bond transaction participants such as underwriters, lawyers, municipal advisors or their firms.
October 31 -
Recently announced streamlining and rumored budget cuts and layoffs at SIFMA are causing market participants to worry about its commitment to municipal securities.
October 12 -
Sen. John Kennedy, R-La., suggested he and Sen. Elizabeth Warren, D-Mass., may introduce a bill that would require MSRB to elect public members who represent consumers and are not just retired industry executives.
July 24 -
RBC is adding to its team even as smaller underwriting spreads have driven some players to reduce staff.
July 20 -
An unsealed whistleblower lawsuit accuses eight Wall Street and regional banks and broker-dealers that served as remarketing agents of fraud and collusion in resetting rates for variable rate demand obligations issued by state and local issuers in Illinois.
April 10 -
The household sector’s direct ownership of outstanding muni debt has dropped by $103 billion year over year -- and by more than $300 billion since 2010.
April 3 -
The former Morgan Stanley co-head of public finance has joined a Dallas-based municipal finance solution provider.
January 17 -
The firm added three veterans to its debt capital markets group to expand its capabilities.
October 25 -
Dennis G. Ciocca, a municipal industry veteran whose career as a public finance banker spanned nearly 50 years, lost his seven-year battle with prostate cancer on June 14. He was 76.
June 22 -
Barclays is bolstering its Chicago team with three banking additions at the expense of Bank of America Merrill Lynch.
June 7