Regulation and compliance
Regulation and compliance
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As the political gears churn, issuers and borrowers should huddle with legal counsel and financial advisors to consider the possibility of worst-case scenarios in which some or all of the proposed tax reform legislation is enacted.
November 21 -
SEC takes stock of fiscal 2017 in enforcement and finds 4% of its cases were public finance-related.
November 20 -
Mehran Tazhibi agreed to pay a $10,000 fine and be suspended for two months.
November 17 -
While muni advocates may have an opportunity to defend private activity bonds and deductions favorable to the market, both Houses of Congress appear to be aligned on banning advance refundings.
November 17 -
There isn't much need to overhaul primary offering rules, dealers and muni advisors told the MSRB.
November 16 -
The Senate is debating its own separate plan, and it isn’t yet clear the chamber will have enough votes to pass it.
November 16 -
The SEC's Office of Compliance Inspections and Examinations found municipal advisors had trouble meeting registration, books and records and supervisory requirements.
November 13 -
Several big names in the muni market will be part of a new SEC committee
November 10 -
MSRB data shows the extent to which alternative trading systems are used in the muni market.
November 9 -
Dealers are pleased that the MSRB has expanded the exemption to its CUSIP proposal.
November 8 -
Smaller hospitals and colleges and affordable-housing developers will be more challenged in distributing their bonds under proposed tax reforms.
November 8 -
Muni market participants may not be ready in time to implement a pending markup disclosure rule on which regulators place huge importance.
November 7 -
Undoing the floating net asset value requirement for money market funds would give municipalities more flexibility, GFOA testifies.
November 3 -
The MSRB compliance group is made up of several well-known muni vets.
October 31 -
The end of the probe was disclosed in offering documents for a $67 million refunding deal.
October 30 -
The MSRB backed off an effort to write a new rule on minimum denominations and will modify proposals on CUSIP numbers and muni fund securities.
October 30 -
Market participants think the SEC will narrow its proposal to add event notices under Rule 15c2-12.
October 26 -
SEC nominees Hester Peirce and Robert Jackson fielded questions from Senators on Tuesday.
October 24 -
The MSRB has several agenda items queued up for its Oct. 25-26 meeting.
October 19 -
The MSRB expects its new executive budget summary to increase transparency about how the board collects and spends its money.
October 17















