Munis

Thomas Muldoon should properly have placed his orders as dealer stock orders, the SEC found, but instead asked representatives to submit them as retail orders.

Market observers says Lori Lightfoot should go light on one-time maneuvers, avoid fiscal gimmicks, and move the city toward structural balance.

“A highly sophisticated frequent issuer may not need the same disclosures as a less sophisticated infrequent issuer,” the trade association for underwriters told the SEC.

The market will see $7.6 billion of bonds plus a $1 billion note sale coming up in a holiday-shortened week.

The Fitch Ratings outlook on the BBB San Joaquin Hills Transportation Corridor Agency is now positive.

The distric is the legacy entity left to service school bonds after a new district was created to educate Detroit's children.

Volume bounced back from second lowest monthly total of the year in July as yields plunged to historic lows and issuers came out in droves.

All three entities have liquidity available to pay claims before turning to bonds to finance losses, said Moody's Investors Service.

There are no reasonable grounds for the lawsuit to proceed, said the order from Jack D. Davis II. An appeal is planned.

Many market participants were already planning their getaways before the unofficial end of summer hits next Monday.

Two courts have interpreted a legal question key to the VRDO lawsuits very differently.

Funds were restricted to states with populations of less than 100 people per square-mile.

Lynn Martin, President and COO of ICE Data Services, talks with Chip Barnett about ICE's acquisitions and expansion, and discusses transparency and liquidity in the municipal bond market and the firm's introduction of a real-time AAA muni curve.

NYC to continue Wells' muni underwriting ban as Fed's Powell opines on the firm's woes.

S&P Global Ratings upgraded Chicago Public Schools to BB-minus from B-plus, and Fitch Ratings upgraded it to BB from BB-minus, ahead of a $369 million deal.

The National Federation of Municipal Analysts's latest paper is part of the group's push to encourage "more robust" secondary market disclosure.

Court filings cite Santee Cooper internal communications that differ markedly from public disclosures about a nuclear power project that went on to fail.

Eric Johnson pledged to avoid conflicts between his jobs as mayor and as bond counsel.

The group sent a letter to the Securities and Exchange Commission this week asking for fair dealing rule guidance to be better tailored to 529 savings plans.