Fort Worth was still savoring a victory for a $400 mllion bond proposal when rating agencies rained on the parade.

The university has not said how it intends to pay for the legal settlement.

Recent research suggests regulators on a global basis are overestimating the risks of infrastructure-related debt.

The proposal would establish a standalone rule governing transactions in discretionary accounts, something the board hasn't had in more than 30 years.

Gov. John Bel Edwards has called lawmakers to the capitol on May 22 to deal with the budget deficit.

David Hitchcock, managing director at S&P Global Ratings, talks about codifying financial practices in bond covenants and the changes in approach to ratings in priority-lien tax revenue debt. He also looks at the latest state trends. John Hallacy hosts.

The commonwealth expects to come to market Wednesday with a competitive issuance.

The loss of advance refunding hurts community control and stymies local infrastructure investment.

A vote by California energy commissioners to require solar panels on new homes is credit negative for utilities, Moody's said.

Evans was so broke after years of fiscal mismanagement it couldn't get a loan because its credit rating had been withdrawn.

New Jersey, Pennsylvania, and other states are hoping to capitalize on gaming legalized by the Supreme Court's decision on Monday.

A deal struck between House and Senate leaders could lead to a vote as soon as next week on a banking bill that would classify munis as high-quality liquid assets and make them more attractive investments for banks.

Strong personal income tax revenues in California and Connecticut could be a harbinger for other states.

FINRA found that Gates Capital and three of its employees breached several MSRB rules, some related to role-switching from advisor to underwriter on the same transaction.

GAO says Congress should consider giving SEC penalty authority over issuers, stripping Puerto Rico's triple-tax exemption,and expanding investor protection.

Hawaii's dramatic spring has brought torrential rains, mudslides, volcanic eruptions and lava flows.

A muni advisor and his firm defrauded a school district in south Texas, lying to it to gain business and failing to disclose a conflict of interest.

Traffic jams and a lack of parking spaces are among the city problems that have put light rail back on investors' radar.

Oyster Bay, New York, is testing the bond market with its first large deal after it was hit with a federal securities fraud lawsuit.

The MSRB said its newly-approved rules are an important part of its regulatory efforts, while groups representing dealers and MAs are say they are confusing and need clarification.