Bond Dealers of America members said they have spent an average of more than $17 million on regulatory costs since the beginning of the 2008 credit crisis.

The MSRB said Rule G-29 doesn't make sense anymore since the rulebook can be accessed online.

The audit concluded a year and one day after the sports authority received a letter dated April 4, 2018, informing it that the tax-exempt status of the bonds was being examined.

The court shouldn't accept banker Peter Cannava's "narrow and cramped view of materiality,” the SEC urged.

Kroll Bond Rating Agency lifted Los Angeles one notch to AA-plus.

The Municipal Securities Rulemaking Board is making its MuniEdPro free for all market participants.

On deck for the meeting scheduled for next week, the MSRB's Board of Directors will discuss pennying, upcoming EMMA enhancements and financial disclosure timeliness by issuers.

The SEC’s Technology and Electronic Trading Subcommittee meets on pennying.

The firms are saying they shouldn't have to participate in the disclosure, which could lead to a clawback of bond payments.

Los Angeles received a one-notch upgrade to AA from Fitch Ratings following several years of revenues outpacing expenditure growth.

Whistleblower Johan Rosenberg has alleged that the conspiracy cost issuers over $1 billion — $719 million in California, $349 million in Illinois, and $134 million in Massachusetts.

The SEC now has a stronger card to play when pursuing an enforcement case, lawyers said.

Cannava argues that emails, witness statements, and other evidence cast doubt on the SEC's claims that he acted recklessly.

Former college official Keith Borge was charged Thursday with defrauding municipal securities investors and concealing the school’s crumbling finances.

Capital Finance Director David Erdman emphasizes that the Wisconsin's bills and debt service will be paid even if the state budget is late.

The addition of the conservative pundit could signal the Trump administration's intent to have a more direct hand in central bank policies, yet Moore could experience his own transformation as a Fed governor.

A former municipal advisor accused of billing a city thousands of dollars for services it did not receive is now facing criminal fraud charges.

Ahmed Abonamah, a senior counsel to the director in the SEC’s Office of Municipal Securities, told the National Muni Bond Summit SEC Chair Jay Clayton has concerns about the timeliness of issuers’ financial information disclosure.

The lawsuit filed in federal court is now the second national suit alleging fraud in the variable-rate debt market.

Mid-size issuers may be experiencing the greatest impact, with one municipality even reporting that an underwriter withdrew a bid over a disclosure requirement.