Law and regulation

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.

SIFMA is releasing for comment draft riders to model bond documents for issue price rules, including one that would allow underwriters to revoke bids in competitive sales.

The Rhode Island Commerce Corp. and the Securities and Exchange Commission filed a joint motion in Rhode Island federal court on Wednesday asking the presiding judge to approve a final settlement over the RICC's involvement in a fraudulent private placement.

The MSRB told the municipal market on Tuesday that its changes to move the settlement cycle to two days instead of three will be effective on Sept. 5 to align with the rest of the markets.

Investors with holdings in municipal conduit bonds that have been the subject of recent SEC enforcement actions over fraudulent commingling of assets are suing Bank of Oklahoma Financial, which served as the trustee for many of the faulty offerings.

Representatives for municipal advisors and dealers wrote to the MSRB saying it must reevaluate its proposed new advertising rule for municipal advisors and its attempts to harmonize its existing dealer advertising rule with Financial Industry Regulatory Authority requirements.

The public finance team at the Houston law firm of Bracewell expects to increase its appeal to bond issuers after adding former SEC attorney Edward Fierro and rising in the ranks of bond counsel in 2016.

Jay Clayton, the nominee to take over as SEC chair, told senators on Thursday that a focus on enforcement against individuals will be an important part of the SEC’s efforts to curb bad actors in the capital markets.

The move to a shorter settlement cycle for munis of two instead of three business days after the trade date will take effect on Sept. 5.

The MSRB responded to market participants comments about a prior draft of municipal advisor continuing education requirements by making several changes and providing more details about the way an MA firm could implement the proposal.

The National Federation of Municipal Analysts’ final best practices on charter school disclosures suggests schools can use links to websites for certain information.