With positive news out of California and New York, strong financials continue for munis.

The man behind the allegations of widespread VRDO fraud is Bjorn Johan Rosenberg.

A hearing officer and a Circuit Court judge concluded Illinois failed to prove accusations of securities violations against Calvin Grigsby.

All four industry groups that submitted comments on the proposed rule requested a continuation of the practice that allows remarketing reissuances at a premium.

If blockchain becomes a force in the muni market, it could take on some of the duties done by middlemen, thereby cutting costs for issuers.

Some issuers were concerned about precedents they would be setting and questions underwriters could have regarding compliance with the amended rule.

An easier procedure for declaring when a reissuance occurs is among NABL's recommendations.

The request for comment could be a prelude to a rule amendment dialing back one muni advisor responsibility.

The settlement approved by the Oyster Bay Town Board requires it to hire a municipal finance consultant.

The state's BBB Fitch rating is at risk of a downgrade if lawmakers adopt Gov. J.B. Pritzker's proposed fiscal 2020 budget.

The new guidance cleared up social media advertising restrictions and interactive content.

The University of Findlay will use long-term bonds to restructure its outstanding debt, which includes capital lease obligations and short-term notes.

Timely and complete accounting and financial reporting are as critical to municipal professionals as is disclosure, according to Jeffrey Previdi, GASB vice chairman. Long-standing standards and practices are being brought up-to-date to remain compatible with today's rapid-paced changes. John Hallacy hosts.

Michael Decker has been managing director and co-head of municipal securities at SIFMA since October 2009.

Following a late-2017 rush to market of advance refundings and private-activity bonds in the run-up to the implementation of new tax legislation, supply in 2018 -- particularly refunding issuance -- suffered a steep decline.

A large municipality with strong legal representation will draw attention, even from those skeptical of whistleblower suits alleging bank fraud in the variable-rate demand obligation market.

The household sector owned 42.2% of the nation’s $3.83 trillion in municipal securities in the second and third quarters of 2018, according to Federal Reserve data.

Officials say California revenues may rebound after coming in $2.3 billion shy of Gov. Gavin Newsom's budget plan in December and January.

The groups plan to address advertising, defining duties for non-solicitor muni advisors and test prepping during the program.

The city says firms conspired to artificially raise rates resulting in unjust enrichment.