The deposit exceeds some pre-budget estimates that the fund would receive $14 million, said Gov. Tom Wolf.

Maine Gov. Paul LePage angered many muni market participants last month with a last-second cancellation of already-priced bonds, but is that the end of the story?

While munis have received scant attention at previous meetings, a discussion of pre-trade transparency is on tap for next week's Fixed Income Market Structure Advisory Committee meeting.

A large share of the refundings that saved the city hundreds of millions of dollars wouldn't be possible now that advance refundings are eliminated, a city official said.

The Financial Industry Regulatory Authority has already barred Jose Ramirez from the securities industry, his lawyer said.

The SEC issued separate administrative orders Monday stripping Malachi Financial Products of its muni advisory registration and barring Porter Bingham from the industry.

The MSRB is looking for public members, and specifically investors, to apply through Friday for spots on its board of directors.

Moody's Investors Service deemed the state's strong May tourism numbers a credit positive.

Rita Sallis has briefly rejoined the MSRB board following the resignation of Jim Beard and Ronald Dieckman's term has been extended.

Six straight treasurers want SEC chairman Jay Clayton to stay the course on the commission's forced arbitration policy.

Malachi Financial Products Inc. and its principal were charged with violating their fiduciary duty to a city in Mississippi, overcharging the city, and failing to disclose payments received from the underwriter.

S&P downgraded the outlook on the AA rated school and said further weakening in the school's finances could pressure the rating on $200 million of debt.

After a bumpy but overall successful launch of markup disclosure, the muni industry looks ahead to regulatory scrutiny and finding ways to use the new data.

Deutsche Bank Securities and Central States Capital Markets agreed to settle with FINRA for a combined $80,000.

The new guidance is just the first of a planned three-part release, which will later cover social media use and the rule's content standards.

Issuer groups urged a Senate Panel to undo a 2014 SEC rule change that required money market funds to use a floating net asset value.

Jose Ramírez has yet to acknowledge wrongdoing in misleading investors about Puerto Rico debt and may pose a continued threat to investors, SEC lawyers told a federal judge.

The SEC contends it played fairly in prosecuting its case against Wells Fargo Securities and Peter Cannava, denying the defense's allegations of dishonest "legal gamesmanship."

Municipal advisors were hoping for something more robust than the comments the MSRB incorporated into its latest "compliance resource."

The federal government's job board stops taking applications next week.