Regulation and compliance
Regulation
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Market participants want someone with a deep industry knowledge as the MSRB is set to begin its search for a new president.
August 16 -
Rogue employee’s ‘unauthorized transactions’ result in ‘substantial losses’ to Atlanta broker-dealer The firm has notified regulators and the FBI about the alleged illegal, off-book trade activity, which sources say cost the firm more than $10 million.
August 14 -
The evolution of muni advocacy has been in progression for years, though it was further galvanized by the shock and dismay at the 2017 tax reform.
August 13 -
Mayor Toni Harp released a five-year strategic plan that she said would help Connecticut’s second-largest city brace for any volatility.
August 13 -
In Schwartz, MSRB loses an experienced lawyer, respected by his peers, as it faces a future without its longtime leader.
August 8 -
Her announcement comes at a time of scrutiny from lawmakers and the SEC.
August 7 -
Edward Sisk, a managing director and head of public finance at Bank of America Merrill Lynch, will chair the Municipal Securities Rulemaking Board beginning Oct. 1.
August 7 -
MSRB President and CEO Lynnette Kelly will be retiring at the end of the fiscal year after 12 years leading the organization.
August 6 -
Warren is among the most prominent Capitol Hill voices on issues related to financial regulation.
August 6 -
Market-moving developments should keep Puerto Rico securities very actively traded for months to come.
August 5 -
Officials say the guidelines 'memorialize' the extensive debt management constraints under state and local laws, and the city's fiscal objectives.
August 5 -
The SEC and Bank of Oklahoma differ in what they want a federal judge to do next in the Christopher Brogdon case, though both claim to have investors' best interests at heart.
August 5 -
FINRA settled with two parties after they violated MSRB Rule G-17 by whiting out dates and failing to disclose a $2 million fee up until an issuance.
August 2 -
SEC Chair Clayton’s comments that information on EMMA is subject to more scrutiny could be true for some participants depending on issuers’ reliance on the MSRB site.
August 2 -
The state auditor raised questions about how the state controller reported California's OPEB liability in the report, which took 11 months to release.
August 1 -
The complaint filed by Philadelphia and Baltimore fails to rise to the level of specificity needed to prove conspiracy, Wall Street banks told a federal judge.
July 31 -
The new law lowers contribution rates for some agencies and allows them to opt out of the worst-funded pension plan in the country.
July 31 -
The National Association of Municipal Advisors wants SEC staff action to protect MAs and possible eventual rulemaking to create "regulatory parity" between MAs and broker-dealers.
July 30 -
Clayton noted a trend of issuers being advised that information they supply on EMMA is subject to more anti-fraud scrutiny than information provided in other ways.
July 29 -
At its quarterly board meeting last week, the MSRB decided to do away with Rule G-34’s provision that all municipal advisors, whether dealer or non-dealer, have to apply for a CUSIP number in competitive sales.
July 29

















