The Municipal Securities Rulemaking Board is gearing up for its change to a one minute reporting window, slated for the first quarter of the year.

The list of regulations coming into effect next year, as well the expected Supreme Court decision on how the SEC uses its enforcement powers is paving the way for a landmark year.

Bond Buyer Executive Editor Kyle Glazier discusses the coming year in D.C. with Bond Dealers of America's Brett Bolton. (15 minutes)

Increasing capital requirements for banks may incentivize them to buy Treasuries over other assets, including munis, said market participants.

The upgrade affects $2.3 billion in debt. The commission also had its outlook revised to stable from positive.

The Municipal Securities Rulemaking Board's request for comment on Rule G-12(c) on inter-dealer confirmations should eliminate the provision altogether as many of its applications have been rendered obsolete.

S&P believes the state has sufficient liquidity and reserves to weather the shortfall, but analysts are not seeing the structural steadiness it had that led to the positive outlook, said lead California analyst Oscar Padilla.

Republican Congresswoman Lori Chavez-DeRemer pressured the Federal Highway Administrator to stop the state's tolling plan for highways in the Portland area.

Friday's S&P upgrade to triple-A follows similar moves by Moody's Investors Service last week and Fitch Ratings last year.

Michael Milken's attorney Richard Sandler penned a book blasting his friend's prosecution. High-yield muni experts weigh in on whether Milken's influence extended to the muni market.

The approval last month by Texas voters of a constitutional amendment to create an endowment fund led S&P Global Ratings to revise the school's outlook to positive from stable.

The board is asking market participants to submit input on how their rules and practices generally impact small firms.

Any treatment of municipal securities as posted collateral must carefully consider the potential impact on market liquidity, financing costs for municipalities, and the broader functioning of the municipal bond market.

The downgrade of Issaquah School District 411 to Aa1 affects $670 million in debt.

U.S. regulators' swift action in March to ring-fence the banking sector after the collapse of Silicon Valley Bank might have had an unintended consequence of driving cash out of bond funds by enhancing the appeal of deposits, two New York Fed researchers say.

"The upgrade of Pennsylvania's IDR and related ratings reflects recent use of revenue surpluses to build its reserves to historical highs and Fitch's expectation that substantial reserves will be maintained in the near term," the rating agency said.

States are required to reduce vehicle-related greenhouse gas emissions under the rule that was finalized last week.

Vern Breland has agreed to pay a $35,000 fine and is permanently barred from participating in future municipal securities offerings.

Fitch also affirmed the GOAA's AA-minus rating on $1.8 billion of outstanding senior lien airport facilities revenue bonds and A-plus on $867 million of subordinate lien airport facilities revenue bonds.

Knoxville, Tennessee-based Home Financial Services failed to disclose execution time, mark ups and mark downs to customers on municipal securities transactions, FINRA said.