Regulation and compliance
Regulation
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The National Federation of Municipal Analysts has consistently called for steps to reduce investors' reliance on stale financial information.
December 16 -
The additional revenue from permanently increasing the top individual tax rate to 39.6% from the current 37% would help pay for a temporary two-year suspension of the SALT cap.
December 11 -
A steep decline in school district reserves drove a two-notch downgrade and has drawn a subpoena from the Securities and Exchange Commission.
December 10 -
The SEC chairman’s comments are consistent with his record, which has included repeated calls for the MSRB to take steps to be sure investors are aware that issuer financials filed to EMMA can often be many months old.
December 10 -
The proposal would impact the private placement business and may require amendments of MSRB rules.
December 10 -
Paul Volcker, the former Federal Reserve chairman who broke the back of U.S. inflation in the 1980s and three decades later led President Barack Obama’s bid to rein in the investment risk-taking of commercial banks, has died.
December 9 -
The Financial Industry Regulatory Authority found D.A. Davidson & Co. provided inaccurate pricing in issue price certificates.
December 6 -
Kenneth E. Bentsen Jr., the securities industry trade group's CEO, warned against a proposal to exempt some muni advisors from registering as broker-dealers.
December 5 -
In a recent Moody's report, analysts said states would be able to weather a moderate recession due to healthy reserves.
December 4 -
Some market participants worry about the viability of a key muni advocacy talking point if enough midsize issuers begin to embrace the taxable market.
December 2 -
In formal comments filed with the federal government and separately to GASB, municipal finance groups have given the regulators generally high marks.
November 27 -
We are seeing more and more reports of stakeholders’ skepticism of what they believe are overly generous ratings.
November 26 -
In 2012 John Cross became the first person to head the independent Office of Municipal Securities at the U.S. Securities and Exchange Commission.
November 22 -
The Municipal Securities Rulemaking Board assigned muni market veterans to give input on rules and transparency related to municipal fund securities.
November 21 -
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.
November 21 -
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.
November 20 -
Securities and Exchange Commission Chair Jay Clayton seemed noncommittal on a proposed exemptive order for municipal advisors.
November 19 -
Matt Posner started his new role as director of market structure-transparency on Monday.
November 19 -
About 27% of public and private universities will see a decline in net tuition per student in fiscal year 2020.
November 18 -
Though enforcement cases slightly decreased this past year, lawyers say the Securities and Exchange Commission is just as aggressive as ever.
November 15














