Regulation and compliance
Regulation and compliance
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State and local governments in some cases weren’t disclosing terms of direct borrowings, private placements that exposed them to risks different from those related to other types of debt.
April 3 -
The SEC wants a quick end to its case against former Ramapo, N.Y. town supervisor Christopher St. Lawrence, but St. Lawrence's lawyer wants a federal judge to proceed to trial.
April 3 -
The new tax law that terminated advance refundings of bonds after Dec. 31, 2017, does not specify that only "tax exempt" refundings are prohibited.
April 2 -
A toll-charge proposal could disarm congressional opponents and create some hope for legislative success.
April 2 -
The proposal would allow taxpayers to have access to their IRS audit case file prior to dispute resolution hearings, ending the requirement to file requests under the Freedom of Information Act.
March 29 -
Former broker Deborah Kelley could end up paying close to half a million dollars in fines, penalties, and restitution for her role in defrauding the New York State Common Retirement Fund.
March 29 -
After a quarter marked by increased interest in taxable issuance, strengthened state support for local credits, and rising demand from investors seeking shelter from volatility, the municipal market is adapting to its new tax law realities.
March 29 -
The National Association of State Treasurers is using infrastructure finance as an argument to urge lawmakers to pass legislation reclassifying some munis as high-quality liquid assets.
March 27 -
The municipal market appears to be shifting away from its traditional retail-dominated status, which has implications for regulatory policy that's largely aimed at protecting the retail investor.
March 27 -
Let’s allow public agencies to issue advance refunding bonds provided they pay the U.S. Treasury an amount equal to the forgone federal income tax revenue.
March 27 -
Congress' deficit-raising actions have made it more likely that munis would be targeted for cuts to raise revenues in infrastructure or other future bond-related legislation.
March 22 -
Vendors, dealers, and regulators say that the integration of sometimes subjective markup disclosure rule requirements into existing broker-dealer systems is proving to be a heavy lift for the industry.
March 22 -
A newly-published MSRB document is aimed at helping to reign in what the SEC has described as fairly widespread violations occurring at smaller municipal advisory firms.
March 21 -
States are poised to see increases in their corporate tax base because of the federal tax overhaul, according to a new study.
March 20 -
Some worry that MSRB's late release of an updated set of FAQs on markup disclosure requirements will hinder their meeting the May 14 effective date.
March 20 -
Improved budgeting and fiscal monitoring boosted New York’s fourth largest township out of junk status.
March 19 -
The bonds were used to finance the acquisition and renovation of an assisted living facility in Alabama by Dwayne Edwards, who the SEC charged with fraud last year.
March 16 -
The Lincoln-Way district is in recovery mode from past bond abuses of a previous leader.
March 16 -
The House has approved similar municipal securities and Puerto Rico provisions, but has wanted more sweeping bank deregulation legislation than the Senate.
March 15 -
The county's Moody's rating reached A territory for the first time in almost six years.
March 14















