Ex-Morgan Stanley branch manager Terry Lee McCoy failed to act on several "red flags" that the accounts of an elderly and incapacitated customer were being abused, FINRA said.

Georgia used an internet presentation and an investor platform to highlight its credit strengths before its annual general obligation bond sale.

There was friction about the integrity of the muni market during a panel discussion Thursday, but the committee agreed to move along with some disclosure recommendations.

Navnoor Kang, a former director at the New York State Common Retirement Fund, wants home confinement rather than prison.

A quarter of municipal bond issuance so far this year carried just one rating agency opinion, heightening uncertainty over credit quality for some investors.

The three agencies that rate Illinois are watching to see how well assumptions in the budget play out during the fiscal year.

The Government Finance Officers Association said Tuesday it generally supports most of the recommendations an SEC panel plans to discuss in Atlanta later this week.

The proposed rules would clarify that an institutional investor could take part in a public-private partnership for a bond-financed project without making the bonds taxable.

An advisory panel suggested modifying the fee structure for tax law violations to encourage more issuers to self-report them.

The SEC's Investor Advisory Committee's vice chairman is Elisse Walter, the former chairman and commissioner of the SEC who was most responsible for the commission's 2012 Report on the Municipal Securities Markets that suggested some of these muni reforms.

Two town officials also received civil penalties totaling $35,000 and were ordered to resign and be temporarily barred from employment with Ramapo, N.Y.

S&P Global Ratings revised the state's outlook to stable from negative, and Moody’s says the budget's Medicaid expansion is credit positive for hospitals.

The Government Finance Officers Association honored New York City Comptroller Scott Stringer for excellence in financial reporting.

The Kentucky county’s BB general obligation bond rating was withdrawn less than a month after S&P Global Ratings downgraded the bonds seven notches.

A proposal by bank and securities regulators to roll back some provisions of the Volcker Rule indicates they may be considering rethinking their previous stance on tender option bonds.

The IRS Office of Professional Responsibility took no action on the misconduct allegation against Brad Waterman, but informed him that a record of it would be kept for 25 years and revisited if needed.

The muni industry's self regulator said issuers have found underwriters' disclosure letters to be too long, filled with boilerplate, and duplicative.

Elad Roisman's main expertise is in equities, corporate debt, mergers, market structure and derivatives.

Wells Fargo Securities and banker Peter Cannava are alleging the SEC was dishonest in crafting investors' statements and failed to turn them over to defense attorneys in the 38 Studios case.

Moody's Investors Service issued a sobering take on the state's liabilities as lawmakers celebrated passage of an on-time budget.