Regulation and compliance
Regulation
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BNY Mellon Capital Markets failed to submit accurate minimum denomination and maximum interest rate information 54,270 times, FINRA found.
June 29 -
Days before the SEC's regulation best interest goes into place, the SEC approved corresponding changes to muni securities rules.
June 26 -
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.
June 25 -
Despite criticism, the Municipal Securities Rulemaking Board said the calculator will help track the timeliness of secondary market disclosures.
June 25 -
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.
June 24 -
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.
June 23 -
Lawyers say there could be some nuanced changes on how the SEC approaches enforcement if Clayton does leave for the U.S. Attorney job.
June 22 -
San Francisco's ratings, economy challenged by coronavirus
June 22 -
Besides navigating coronavirus market disruption, investors also find themselves dealing with the increasingly important and often inconsistent climate risk disclosure.
June 19 -
There is absolutely no good reason why, 10 years after Dodd-Frank was enacted, the MSRB has not rationalized its fee structure.
June 17 -
The SEC released an emergency order Tuesday that would allow municipal advisors to facilitate some private placement deals, which have seen an uptick during the pandemic.
June 16 -
A sticking point for dealers is the MSRB's proposal to reserve two seats on its board for municipal advisors.
June 8 -
The MSRB is seeking to reduce the size of its board to 15 members and to extend the "cooling off" period for bankers and muni advisors seeking seats as members of the public.
June 5 -
Orange County tourist tax collections plummeted 97% from the year earlier to $765,900 in April, the largest decline ever seen.
June 4 -
Greater pre-trade transparency has been a long-standing Securities and Exchange Commission goal.
June 1 -
Dealer groups supported the MSRB's move, saying it would remove a disincentive to use the Fed's short-note program.
May 29 -
Fitch Ratings affirmed its AA rating on the department's water system revenue bonds as it revised their outlook to negative.
May 28 -
The announcement comes at a pivotal time for the municipal market as the SEC released a statement earlier this month detailing the kinds of coronavirus disclosures municipalities should be making.
May 22 -
The policy case for federal support is strong: in the coronavirus era, the U.S. is looking at an emergency that is the equivalent of 50 states worth of hurricanes, fires and floods, lasting more than two years, with a very slow economic rebound.
May 20 -
The city eyes interest savings and, if conditions permit, may take out some variable rate bonds too.
May 18
















