"The risk of future budgetary pressure is further elevated due to pension contributions falling short of their actuarially determined contribution amounts in each of the past three years and a relatively high level of unfunded pension liabilities," said S&P's Rob Marker.

The new guidance modifies rules that stretch back to 2005.

New MSRB Rule G-46 on the duties of solicitor municipal advisors goes into effect on March 1

"In Kentucky, we're working hard to ensure our place as a leader in economic development, and this growth in exports shows our efforts are succeeding," said Gov. Andy Beshear.

The Aggie bond legislation appears stuck in Congress.

The MSRB remains fully committed to its strategic goal of upholding public trust and looks forward to engaging with its stakeholders in the coming weeks.

The Municipal Securities Rulemaking Board's request for information on small firms has commenters divided over what rules should apply to small firms and how the board should go about instituting them.

The state's largest healthcare district by land mass is at risk of breaching financial covenants, according to Moody's Investors Service.

New laws, fines and agencies leveraging AI are poised to impact the munis industry throughout 2024.

Pensions funds are increasingly investing in riskier asset classes, with more than half their investments in 2022 in these, according to some estimates.

The board has initiated a review of the annual rate card process.

According to FINRA, the banking giant failed to close out 239 inter-dealer transactions in a timely manner as well as failing to take possession of 247 short positions.

Comments submitted to the SEC on the MSRB's amendments to Rule G-14 note how important exceptions for manual trades and limited trading activity are in the move to a one-minute reporting standard.

This decision will accelerate foreign buyers' reduced presence in the muni market, said Vikram Rai, head of municipal markets strategy at Wells Fargo.

IRS Commissioner Daniel Werfel testified before the House Ways and Means Committee Thursday.

The rating agency cited traction on its financial turnaround in revising the outlook on the junk-rated hospital to stable from negative.

The upcoming fiscal 2025 budget will take "some first steps" to address a structural gap of about $158 million, Melissa Dubowski said.

The MSRB requested information about the challenges facing small firms the firms have not held back in citing what they view as a difficult regulatory environment.

A 2017 issuance is in danger of losing its tax-exempt status.

Ex-IFS Securities head of fixed income Keith Wakefield committed criminal securities and wire fraud from 2017 to 2019, a federal jury in Illinois found.