Just in time for its $1.4 billion bond sale, California received a holiday present from Moody’s.

Moody's lifted California to Aa2 ahead of plans to sell $1.1 billion of general obligation bonds.

The firm attached a corrective action statement detailing changes to its personnel, compliance department and municipal trading desk.

Also revealed is the addition of longtime NABL member Perry Israel to the Edelweiss Fund legal team.

MSRB Chief Education Officer Ritta McLaughlin will be the fifth senior official to leave the MSRB in the last couple of months.

Though many participants were pleased with changes the Municipal Securities Rulemaking Board has proposed for its fair dealing guidance, some worried about new compliance expectations.

Planning for the next recession is extremely difficult. Is there any real way to do so?

The Bond Dealers of America is forming an Affiliate Member Division to bring a lobbyist voice to smaller firms.

Administrative failures or a lack of understanding of the rule may be to blame.

Municipal advisors can begin taking their principal exams in November.

The Securities and Exchange Commission is seeking comment on exemptive relief for municipal advisors in some activities in private placement deals, eliciting fierce resistance from broker-dealer groups.

Issuers look for more options in their private placement deals amid conversation on broker dealers’ and municipal advisors’ roles.

The Financial Industry Regulatory Authority previously sanctioned UBS in 2015 for similar violations.

The legal teams for Baltimore and Philadelphia asked the court to reject the banks’ plausibility argument as well as their claim that the suit is barred by a four-year statute of limitations.

Four states in the eastern U.S. lost a legal challenge to a provision of the 2017 law that limited write-offs for state and local taxe

Ernesto Lanza will be leaving his position at Clark Hill to go to the SEC's Office of Municipal Securities, sources said.

Hard on the heels of SEC adoption of Rule 6c-11, Intercontinental Exchange said it would launch ETF Hub to bring greater efficiency to the ETF primary.

At the SEC's invitation, Bond Dealers of America submitted a proposed framework for an exemptive order aimed at muni advisors on private placement deals.

The debate between buy-side analysts and issuers and their underwriters flared up during a panel discussion at The Bond Buyer's California Public Finance Conference.

New MSRB Chair Edward Sisk will start in his new role on Oct. 1.