Regulation and compliance
Regulation
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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.
May 11 -
Strong personal income tax revenues in California and Connecticut could be a harbinger for other states.
May 10 -
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.
May 10 -
GAO says Congress should consider giving SEC penalty authority over issuers, stripping Puerto Rico's triple-tax exemption,and expanding investor protection.
May 9 -
Hawaii's dramatic spring has brought torrential rains, mudslides, volcanic eruptions and lava flows.
May 9 -
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.
May 9 -
Traffic jams and a lack of parking spaces are among the city problems that have put light rail back on investors' radar.
May 9 -
Oyster Bay, New York, is testing the bond market with its first large deal after it was hit with a federal securities fraud lawsuit.
May 8 -
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.
May 8 -
Jessica Kane's appointment as director of the Office of Credit Ratings suggests that Rebecca Olsen could remain acting or become permanent chief of the Office of Municipal Securities.
May 7 -
Issuers and the MSRB are mostly on the same page about primary offering practices that may warrant scrutiny, but some members of the GFOA's debt committee are concerned about "regulatory creep."
May 6 -
The city won back its investment-grade rating ahead of the refunding deal that marks its return.
May 4 -
Fitch Ratings said on Thursday that it upgraded Jefferson County, Ala.’s issuer default rating.
May 3 -
A federal judge found that a former UBS "banking champion" broke the law when he advised customers to use lines of credit to invest in risky closed-end bond funds.
May 3 -
The city’s ability to sustain strong reserves will be a key credit factor going forward, S&P Global Ratings said.
May 2 -
Bills on Gov. Nathan Deal's desk would allow creation of a new city of Eagle's Landing at the expense of the existing city of Stockbridge.
May 2 -
The district sold $206 million of general obligation bonds in April, including a taxable refunding deal.
May 1 -
The MSRB said its proposals should be approved, despite objections from dealers and municipal advisors.
May 1 -
The treasury secretary said such a bill could pass within two months.
April 30 -
The MSRB will ask for market feedback on potential interpretive guidance related to a practice the board worries may impair market liquidity.
April 30


















