The rating agency lifted the state's general obligation and other ratings by a notch, citing well-established and prudent governance practices.

"I don't think this topic is necessarily gaining traction as an enforcement matter," said Andrew Kintzinger, counsel at Hunton Andrews Kurth LLP.

It's the first time the regulator has named VRDO rate-resetting process as an area of review.

"The new office will be smaller, more efficient, and right sized for our future needs," an MSRB spokesperson said.

Berryessa Union School District in Santa Clara County had its issuer rating downgraded to A2 from A1 by Moody's.

Green will focus full-time on Democracy Solutions, a firm he launched in March 2024.

The Alaska IDEA's $75M notes were rated AA-plus by S&P, which cited strong financials.

BDA's Decker hopeful that the "sensible regulation" trend will continue. 

The municipal advisor area "remains a heavy focus of both the commission's Division of Examinations as well as the Division of Enforcement," Andrew Kintzinger, counsel at Hunton Andrews Kurth, said.

The approved rates will go into effect on Jan. 1.

The Governmental Accounting Standards Board has issued an end of the year Statement which addresses inconsistencies in the financial reporting and definition of an accounting wormhole.

Palomar Health's bond rating remains stuck at junk, but UCSD partnership offers a glimmer of hope.

The final judgment in the case was filed Dec. 10 in the U.S. District Court for the Southern District of New York.

"Ultimately, this report is essential because member firm compliance protects investors and safeguards the integrity of our markets," FINRA's Greg Ruppert said.

SRI International had its outstanding bonds downgraded to Baa1 because of its exposure to declining federal grants.

FINRA found that the firm failed to include the non-transaction-based compensation indicator when reporting 12,066 municipal securities transactions.

"The Nominating Committee's goal is to achieve broad representation of the municipal securities market on the MSRB Board of Directors," the committee's chair said.

"The county will file an appeal," Suffolk County said in the Dec. 1 EMMA filing.

King County, Washington plans a $422.2 million competitive sale of limited tax general obligation bonds for Wednesday.

Moody's cited narrowing financial flexibility and declining debt service.