Regulation and compliance
Regulation
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Survey found risky behaviors and indications of vendor favoritism.
January 29 -
Chicago’s Sales Tax Securitization Corp. bonds cleared the market after a one-week delay.
January 25 -
First Deputy Mayor Dean Fuleihan put the price tag at $425 million over four years.
January 24 -
SIFMA is urging the MSRB to be more forthcoming in providing interpretive guidance to dealers and other regulated entities.
January 24 -
Sen. James Lankford, R-Okla., and Rep. Robert Pittenger, R-N.C., have asked the GAO how many tax-exempt munis were used for abortion-related facilities during the past 20 years and what was the associated federal tax liability.
January 23 -
The Municipal Securities Rulemaking Board issued a report saying its oversight of the muni market without enforcement power is among the advantages it offers as a self-regulator.
January 22 -
Municipal advisors would be subject to most of the same requirements as dealers under a proposed new advertising rule, but would be even more limited in certain ways.
January 19 -
Bondholders now have until Jan. 26 to agree to the tender exchange on up to $435 million in bonds.
January 18 -
Banks have a range of options to calculate "gross-up" provisions on direct placement bonds, which allow them to maintain their after-tax yield after this year's cut in corporate tax rates.
January 18 -
The Consumer Financial Choice and Capital Markets Protection Act of 2017 would modify 2014 regulations in a way that would benefit municipal bonds and state and local governments.
January 17 -
The Senate Banking Committee had approved Powell already in December, but a revote was necessary after the Senate adjourned for the year without finalizing his confirmation.
January 17 -
The bill would restore an important source of liquidity for state and local governments and the financing of critical infrastructure projects in communities across the nation.
January 17 -
Many provisions of the Tax Cuts and Jobs Act are punitive to tax exempt healthcare.
January 16 -
Three firms and an individual were fined a total of $187,500 for a range of rule violations related to the use of alternative trading systems, spending during rating agency trips, unsuitable trading, and untimely reporting of munis.
January 12 -
State agencies and universities are expected to generate 26% less bond volume this fiscal year, according to the Texas Bond Review Board.
January 12 -
The first meeting of the Securities and Exchange Commission’s Fixed Income Market Structure Advisory Committee focused mostly on corporate bonds and barely addressed the municipal securities market.
January 11 -
The Municipal Securities Rulemaking Board’s net assets rose about $5.1 million to $74.4M in fiscal 2017, according to audited financial statements, adding to a healthy reserve the MSRB said it needs to ensure uninterrupted operations.
January 11 -
Best execution, suitability, and other areas of concern for the municipal as well as corporate markets are among FINRA regulatory and exam priorities for 2018.
January 10 -
A tale of two bond-financed fertilizer projects in the Midwest -- how one is thriving with the IRS' blessing on the bonds and the other is at a virtual standstill and in a dispute with the tax regulator.
January 8 -
The SEC's first muni enforcement case of the year shows its willingness to use the Dodd Frank Act to punish some breaches of fiduciary duty that hadn't yet been spelled out by the MSRB.
January 8














