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.

Speaking at the 2024 National Outlook Conference, MSRB chief executive officer noted the number of calls the MSRB has received since the suspension was announced.

The amendments add a new section to Rule G-12 to align with Exchange Act Rule 15c6-2.

Jackie Wells, a former FINRA enforcement director, is the second leader from the industry's self-regulating body to join the firm in recent months.

Colorado's sole public safety net healthcare provider faces rising uncompensated care costs, driven in part by treating thousands of uninsured migrants coming from the southern border.

Fitch Ratings downgraded the private-activity bonds supporting LAX's people mover bonds to junk, but said they could fall lower if the airport doesn't reach an agreement on delay concessions.

The Education Finance Council is seeking clarification on bond rules related to student loans.

The veteran-owned Academy Securities failed to file Form G-37 reports in a timely manner, and failed to disclose another 60 municipal underwritings where the firm acted in a managerial capacity.

Brandon Comer and his firm Comer Capital Group have to pay the sum as part of a final judgment reached in federal court in Illinois.

The proposed amendments, which help to establish a residential supervisory location to help dealers better adapt to a post-COVID world, were approved at the MSRB's quarterly board meeting.

The ratings agency cited federal support and military spending on the island as keys to its decision.

The SEC has settled charges against Aon Investments and in a separate action, a former executive of the firm for misleading the Pennsylvania Public Employees' Retirement System.

Inflation and mandate pressures are key factors that moved the outlook lower.

SIFMA's Leslie Norwood joins Bond Buyer Executive Editor Kyle Glazier for a discussion about the regulatory and legislative outlook for broker-dealers. (17 minutes)