Law and regulation

The Securities and Exchange Commission's decision not to extend the effective date of new markup disclosure requirements is disappointing to dealer groups, which have pushed hard for months for a delay.

Lanny Schwartz brings varied experience to a new role at the MSRB, including with the derivatives that could be poised to make a comeback because of the prohibition on advance refundings.

An MSRB study gauges the effect exchange-traded funds may have on muni market liquidity, a key question in the minds of some regulators.

MSRB publishes a resource document after deciding not to take regulatory action on minimum denominations.

A sweeping bank regulatory bill under debate in the Senate is very close to achieving something the muni market has been fighting for since 2014: the inclusion of municipal bonds as high-quality liquid assets.

Maynard Cooper & Gale hires six from Balch & Bingham.

The Municipal Securities Rulemaking Board's decisions at last week's board meeting reveal that it feels a sense of urgency as the clock ticks down toward the effective date of its landmark markup disclosure rule.

Municipal Securities Rulemaking Board members meeting here next Wednesday and Thursday will discuss the market comments it received on whether to write new rules or guidance on primary market practices.

The Senate Banking Committee had approved Powell already in December, but a revote was necessary after the Senate adjourned for the year without finalizing his confirmation.

The firm added nationally recognized tax attorney Jeremy Spector to its Philadelphia office.