Regulation and compliance
Regulation
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The municipal securities market is slowly looking more like the stock market.
October 25 -
While S&P, Moody's and Fitch still provide ratings on about 92% of municipal bonds, market participants say they don’t rely on the rating agencies as they once did. Part 2 of The Bond Buyer’s series on the decade after the financial crisis.
October 23 -
Moody's Investors Service said Palmetto Health's integration with Greenville Health may result in a rating upgrade for Palmetto and a downgrade for Greenville.
October 23 -
A muni advisor facing an enforcement action could use a Supreme Court decision on gambling as a defense, a bond lawyer says.
October 22 -
California and New York City are showing us the path forward, as they often do, in the face of the new limits on the federal deduction for state and local taxes.
October 22 -
The impact of the 2008 crisis led Congress and the MSRB to reshape many of the ways business is done in the municipal bond market. Part 1 of The Bond Buyer's series on the decade after the financial crisis.
October 22 -
What began as trouble in the housing and mortgage markets shook the whole world in 2008, including a municipal bond industry that had to learn to live without bond insurance, auction-rate debt and some big investment banks.
October 22 -
Fitch Ratings said it won't lower its ratings because of JEA's litigation attempting to shed a power purchase agreement with Georgia's MEAG.
October 18 -
Regulators already have a template around which to build an exemption from Volcker for tender option bonds, wrote SIFMA's Michael Decker.
October 18 -
Only two Michigan school districts remain under state oversight.
October 18 -
The MSRB needs to better explain the mock advertisements in its compliance resource, a pair of industry groups told the board this week.
October 18 -
Kelly Jin, a former White House adviser, will work to streamline analytical and data practices in the Big Apple.
October 17 -
In their pleading, banks said the plaintiff is "precisely the sort of 'busybody' " that is prohibited from making such claims.
October 16 -
The committee tasked with providing insight on the muni and corporate bond markets is meeting again in two weeks.
October 15 -
The SEC failed to ensure that issuers and obligated persons are able to readily comply with the new requirements.
October 15 -
Groups active in the muni market are spending millions of dollars to influence policy and elect candidates, records show.
October 11 -
The whistleblower responsible for federal investigations and lawsuits accusing banks and broker-dealers of fraud and collusion in the remarketing of variable rate demand obligations will likely be forced to go public because of a recent ruling by Massachusetts’ highest court.
October 5 -
The MSRB, SEC, and FINRA will host an outreach event early next year as muni advisors prepare for a new principal exam among other requirements.
October 5 -
Key SEC officials responsible for muni rulemaking and enforcement said they don't feel disclosure has been adversely impacted due to fears stoked by the Municipalities Continuing Disclosure Initiative.
October 4 -
The Bond Dealers of America has formed a Fixed Income Market Structure Working Group to advise regulators, lawmakers and market participants on structural changes in the fixed income industry and marketplace.
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