The change, which marked a move away from recent norms, was made since President Donald Trump took office on Jan. 20, the people told Reuters.

The SEC's muni office chief stopped short of saying there might be enforcement imminent.

The agency's figures represent the most actions filed in their respective periods since at least 2000.

Alabama-based Frazer Lanier failed to detect a $500 political contribution by one of the firm's muni finance professionals from a joint checking account, FINRA said.

The comments come after SEC asked for feedback on the collection of information in Rule 15c2-12.

Rep. French Hill, the incoming chairman of the House Financial Services Committee, inspires hope in the municipal finance community.

In his letter of resignation, Federal Reserve Vice Chair for Supervision Michael Barr said an attempt by the Trump White House to remove him could create a "distraction" for the Fed. He plans to retain his seat on the Board of Governors, which expires in 2032.

The MSRB has a full slate of initiatives teed up, with an emphasis on modernizing its rulebook.

The IRS finalized tax code regulations that date back to the financial crisis of 2008 that govern the retirement and re-issuance of tax exempt bonds by state and local governments.

The resolution marks the end of a yearslong lawsuit.

President-elect Donald Trump's return to the White House promises sweeping tax changes that could impact the aspects of the tax-exempt bond market.

A decline in debt service coverage drove S&P's four-notch downgrade for Salinas, California, sewer revenue debt, which it placed on CreditWatch negative.

The ratings agency cited strong and growing activity and favorable economic trends in the region.

Moody's upgraded Minneapolis to Aaa. The outlook is stable, reflecting an expectation that a strong financial profile will help absorb cost pressures.

Silver Point says it has done nothing wrong, and has retained prominent legal figures for its defense.

Bond issuers are establishing common reserve funds to spur economic growth while also generating income, but risk is involved.

Federal funds flowing from the American Rescue Plan Act must be obligated by Dec. 31 as the threat of a clawback looms as a possibility.

The MSRB is looking for industry input regarding proposed rules changes for Rules G-17, G-32 and G-47.

The lowest-rated municipalities in the state are benefitting the most from current economic tailwinds, Moody's reports.

Suffolk's improved finances won the county its third rating upgrade this year.