-
A Trump executive order to pull back rules and the costs they impose encourages independent agencies like the Securities and Exchange Commission to review their rules even though the order does not apply to them, according to guidance issued Monday.
February 6
-
President Trumps executive order to scale back the Dodd-Frank Act opens the door for regulatory reform that could touch on municipal securities, although any substantive changes to the act would have to be left to Congress.
February 3
-
Phoenix-based Lawson Financial Corp. had its Financial Industry Regulatory Authority membership revoked and its CEO and president was barred from the industry after FINRA found they fraudulently sold millions of dollars of municipal revenue bonds.
February 2 -
Two Puerto Rico residents are firing back at UBS, saying the firm's challenge in federal court of an $18 million Financial Industry Regulatory Authority arbitration award over losses in Puerto Rico bonds is "a hopeless and baseless attempt at an unwarranted do over."
February 1 -
Market participants interested in serving on the board of directors for the Municipal Securities Rulemaking Board have sixteen more days to apply for a term that would start Oct. 1 and last four years.
February 1
-
Committee Republicans, lacking Democrats, waive their quorum rule and vote to recommend the Senate confirm Steven Mnuchin as Treasury Secretary.
February 1
-
A federal judge has denied former Miami budget director Michael Boudreaux's motion for a new trial after a jury found him guilty of securities fraud for misleading municipal bond investors, but he is still exploring options for appeal, his lawyer said.
January 31
-
Marc Wyatt, director of the Securities and Exchange Commissions Office of Compliance Inspections and Examinations, plans to leave the SEC next month to return to the private sector, the commission announced on Monday.
January 30
-
The Municipal Securities Rulemaking Board will propose to codify its long-time regulatory interpretation that dealers are required to apply for CUSIP numbers when conducting private placements.
January 30
-
The Securities and Exchange Commission and three defendants allegedly involved in a pay-to-play scheme to steer billions of dollars of business from a New York pension fund to certain firms have agreed to ask a federal court to stay the civil case resulting from the charges while two criminal cases moves forward.
January 27
