Regulation and compliance
Regulation and compliance
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The Securities and Exchange Commission has sent letters to the 12 top banks and broker-dealers that remarket variable rate demand obligations, seeking information and documents on their remarketing and rate resetting practices.
September 6 -
The MSRB is concerned about the fairness of so-called "pre-arranged trading," but some say it's a bit of a grey area.
September 6 -
The Senate voted 85 to 14 on Wednesday, mostly along party lines, to confirm Republican Elad Roisman to become a member of the Securities and Exchange Commission for a term expiring June 5, 2023.
September 5 -
The SEC is sorting out those charged with engaging in a large multi-year "flipping" and kickback scheme.
September 4 -
Fitch Ratings upgraded the city's issuer default rating to AA-minus from A-plus.
August 31 -
Republican Elad Roisman appears to be moving toward confirmation to the SEC without being paired with a Democrat.
August 31 -
Bond lawyers will recognize the late Jim Lebenthal and Lewis Horne with awards next month, as well as Virginia "Gigi" Benjamin.
August 29 -
The MSRB is making a push to understand muni market indicators.
August 28 -
The SEC has added two events to the existing fourteen events under Rule 15c2-12, which requires certain notice filings with the MSRB’s EMMA system within 10 business days of occurrence.
August 28 -
The proposed Treasury rules would limit states' use of charitable deductions as workarounds for the $10,000 cap on the federal deduction for state and local taxes.
August 23 -
James J. O'Neil received a 12-month suspension from the market for his role in the flipping and kickback scheme.
August 23 -
President Trump's nominee Elad Roisman is a step closer to becoming an SEC commissioner.
August 23 -
Muni market groups claimed victory after federal banking regulators moved to treat munis like all other types of Level 2B HQLA.
August 23 -
The now-defunct unregistered broker-dealer Core Performance Management, LLC, and four of its former employees settled fraud and MSRB rule violations with the SEC for engaging in municipal bond flipping and kickback scheme.
August 23 -
As the dust settles on the SEC's 15c2-12 announcement, questions loom about how difficult it will be to implement.
August 21 -
The final rules will focus on debt obligations on a similar level as bonds, an effort to respond to comments that the first proposal was too broad.
August 20 -
The MSRB's new FAQs examine an issue on which municipal advisor firms have been seeking guidance for months.
August 16 -
Gregory Gizzi, senior vice president and portfolio manager at Macquarie Investment Management, looks at the effects of tax reform on municipal bond market this year. He also discusses what investors should look for in the second half of the year. Chip Barnett hosts.
August 16 -
The Ohio Market Access Program is designed to lower local governments' costs when issuing short-term notes.
August 14 -
The MSRB aims to provide considerations for firms looking at their compliance procedures.
August 14














