Some market participants worry about the viability of a key muni advocacy talking point if enough midsize issuers begin to embrace the taxable market.

In formal comments filed with the federal government and separately to GASB, municipal finance groups have given the regulators generally high marks.

We are seeing more and more reports of stakeholders’ skepticism of what they believe are overly generous ratings.

In 2012 John Cross became the first person to head the independent Office of Municipal Securities at the U.S. Securities and Exchange Commission.

The Municipal Securities Rulemaking Board assigned muni market veterans to give input on rules and transparency related to municipal fund securities.

Richard Taormina, head of Tax Aware Strategies at JPMorgan Asset Management, talks about the value of municipal bonds and focuses on performance, foreign demand and the effect of the tax reform legislation on the market. Chip Barnett hosts this podcast, which was recorded in early October.

The council suggested the VCAP program would remain in place for issuers who need a legally binding agreement, but would become the third tier of a system that would offer two simpler options.

Securities and Exchange Commission Chair Jay Clayton seemed noncommittal on a proposed exemptive order for municipal advisors.

Matt Posner started his new role as director of market structure-transparency on Monday.

About 27% of public and private universities will see a decline in net tuition per student in fiscal year 2020.

Though enforcement cases slightly decreased this past year, lawyers say the Securities and Exchange Commission is just as aggressive as ever.

“The channel doesn’t matter in terms of responsibility for the information,” said SEC Chairman Jay Clayton.

Cross, who served as associate tax legislative counsel at the Office of Tax Policy until Friday, said that he resigned in order to be closer to family.

If the proposal is approved, the timing of issuers' annual financial disclosures would be prominently displayed as soon as the beginning of 2020.

Major banks accused of manipulating the variable-rate market are seeking to get the court to toss out the second amended whistleblower complaint filed by municipal advisor Johan Rosenberg.

On Nov. 7th, 2019, we had a great discussion on how the municipal regulatory landscape has changed over the past 10 years and what to expect in the future.

Gov. Brian Kemp asked state agencies to reduce spending by 4% in the current budget and by 6% in fiscal 2021.

The changes will slim down underwriters' disclosures to issuers, which many believed had become too lengthy and wordy to be useful.

Moody's Investors Service raised its outlook from negative and affirmed its B1 rating.

Data on default rates shows that while there has been improvement in consistency between corporate and muni ratings, there is still work to be done.