Municipal disclosure

The expected decline in coal production amid pressure for climate change action demands better bond disclosure from affected governments, a new paper argues.

The Long Island township is emerging from the cloud of SEC scrutiny.

S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.

XBRL recently released its second draft of a CAFR reporting taxonomy incorporating feedback from groups such as the National Association of State Auditors, Comptrollers and Treasurers.

The judge ruled for Peter Cannava, who had denied wrongdoing even after Wells Fargo and other defendants settled charges.

On Wednesday, the SEC approved the final rule 3-1, with Commissioner Robert Jackson voting against the rule.

Abonamah will oversee the municipal securities office's strategic initiatives in his new role.

In late May, the MSRB enhanced its search functionality on its Electronic Municipal Market Access site (EMMA) by implementing an algorithm that allows for predictive searching.

State Controller Betty Yee blames the state's new digital accounting system for delaying the comprehensive annual financial report.

The authority says the site will help investors access credit fundamentals.

Lawmakers agreed to get bids for the state-owned utility, although a final decision on a sale won’t be made until 2020.

GFOA members said they were taken aback and in some cases upset about the tone of the National Federation of Municipal Analysts' letter to regulators.

The amended rules require dealers to disclose markups and markdowns as a total dollar amount and as a percentage of the prevailing market price to retail investors.

Though some dealers endured a technological headache, the year-old rules have improved transparency without disrupting trading, the MSRB said.

At the National Federation of Municipal Analysts’ annual meeting in Charleston, South Carolina, members asked the board to find ways to open up communications between investors and issuers.

At the National Federation of Municipal Analysts annual conference, panelists discussed the “elephant in the room” — myths about issuer disclosure.

Mary Francoeur of PFM Financial Advisors passed out the awards during the annual NFMA conference in Charleston, South Carolina.

The issuer launched a new investor relations website in advance of its bond sale Tuesday.

In a letter sent to the SEC and the Municipal Securities Rulemaking Board late last week, the group said lapses in issuer financial disclosures are unacceptable.

The Securities Industry and Financial Markets Association said to manually input the data would require more time and staff.