Hilltop was fined a total of $475,000, with $100,000 pertaining to violations of municipal securities rules.

The three-month extension for the central bank's lending programs is one of several recent steps by policymakers to stabilize the economy as the coronavirus pandemic stretches through the summer.

In a virtual meeting, the board will set its budget, but won't select an incoming class of board members, because of a proposed size change.

This is the latest case to involve 'flipping' — improperly allocating bonds meant for retail customers and instead selling them to other market participants — following multiple related actions made by the SEC over the years.

The study provides the first rigorous quantitative evidence supporting the widely held belief that the municipal bond industry benefits from the classification.

VRDO reset rates in California consistently were too high to be justified, a new filing contends.

Several groups are arguing their case to keep their seats on a smaller board.

S&P moved Michigan's outlook to negative this week. Fitch recently affirmed the state's stable outlook.

Rolette County affirmed its commitment to make a July jail lease payment as Moody's reviews the impact of the temporary jail closure on the county's books.

Conditions under a recently announced temporary exemption are narrow, SEC staff said, despite push back from dealers.

Washington State pulled a note deal after a glitch resulted in two-thirds of bidders not seeing a couponing instruction.

BNY Mellon Capital Markets failed to submit accurate minimum denomination and maximum interest rate information 54,270 times, FINRA found.

Days before the SEC's regulation best interest goes into place, the SEC approved corresponding changes to muni securities rules.

Rep. French Hill, R-Ark., said the SEC's temporary relief for MAs to facilitate some private placement deals without registering as a broker-dealer should not have been created through exemptive relief.

Despite criticism, the Municipal Securities Rulemaking Board said the calculator will help track the timeliness of secondary market disclosures.

The lawmakers argued in a letter to the Federal Reserve that suspending dividend payouts would be the "prudent course of action," allowing banks to build their capital cushions and continue lending during the coronavirus pandemic.

Especially helpful is the MSRB’s weekly report aggregating disclosures made to the EMMA website that describe the impact of COVID-19 on state and local governments’ financial condition and operating status.

Lawyers say there could be some nuanced changes on how the SEC approaches enforcement if Clayton does leave for the U.S. Attorney job.

San Francisco's ratings, economy challenged by coronavirus

Besides navigating coronavirus market disruption, investors also find themselves dealing with the increasingly important and often inconsistent climate risk disclosure.