Law and regulation

An ABA group warns tax regulators the proposed political subdivision rules could hurt many existing bond issuers.

Maine's governor and treasurer reached an accord to enable a June transaction to proceed.

NABL issues revised issue price certificates to help market participants comply with new rules that take effect next month.

Senators urge tax regulators to clarify tax requirements for tax-exempt bonds used to refinance student loans, saying this will help reduce soaring student loan debt.

Congress has passed the $1T-plus omnibus spending bill, which President Trump must sign by midnight Friday.

The next municipal securities rules to be released from the IRS will be those on the public approval process for private activity bonds and they will be more flexible than previously proposed rules.

A potential New York state constitutional convention could set the stage for debates about municipal bonding authority.

Mayor says Chicago Public Schools will remain open despite court defeat.

The FBI raided offices of a major contractor on Texas border projects and shut down city and county offices in Laredo.

Some market participants think issue price rules should be reviewed for complexity, burdens, and costs

Treasury and the IRS are asking which municipal bond projects should be on their next priority guidance plan

Sanctuary cities and others are warning investors about Trump threats of federal grant cuts.

Mnuchin says the administration will come out with a comprehensive tax reform plan soon and is working on broad financial reform and repealing or fixing burdensome tax rules.

A study criticized California spending on charter schools.

Parker Poe Adams & Bernstein LLP hiring public finance veteran Matt Nichols.

The Alabama Ethics Commission found probable cause to believe Gov. Robert Bentley violated ethics and campaign finance laws.

The National Collegiate Athletic Association said Tuesday that its games can return to the Tar Heel State after the recent repeal of a law seen as discriminatory to gays and transgender people.

Bond lawyers have drafted several versions of issue price certificates that can be used under rules taking effect on June 7.

A new piece of bipartisan legislation introduced in the Senate today is aimed at allowing the SEC to increase fines for individuals and entities to better discourage future securities law violations

The three state Republican groups will face off against the SEC and MSRB in oral arguments May 4 on whether a federal appeals court should vacate revisions the MSRB made to its rule on political contributions and curbing pay-to-play in the market.