Regulation and compliance
Regulation and compliance
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The rating agency zeroed in on a handful of measures in a state where voters considered billions in bond measures.
November 10 -
Chicago's upcoming general obligation sale will carry a Moody's rating for the first time since at least 2014.
November 9 -
FINRA accused the firm of negligently misrepresenting monthly account statements.
November 7 -
The MSRB will seek comment on Rule G-3 on professional qualifications that would add an exemption for muni advisors having to requalify in instances where their qualification had lapsed.
October 28 -
Vern Buchanan looks poised to succeed Richard Neal as chairman of the powerful Ways and Means Committee should Republicans take the House on Nov. 8 and could offer the muni agenda a fresh start.
October 26 -
As issuers push against a financial disclosure bill pending in the Senate, some buy-siders say standardized disclosure would attract more investors and boost liquidity.
October 25 -
The strength of the California economy suggests it deserves higher ratings, CreditSights said, but slowing revenues could mean the state's credit has peaked.
October 25 -
Treasury Secretary Janet Yellen said that while the U.S. financial system remains resilient, the current backdrop has created the conditions where risks to its stability could appear.
October 24 -
The upgrade reflects the city's improving pension funding practices, commitment to a sound reserve position and ability to institute structural budget measures, Fitch said.
October 21 -
Josh Wilsusen named executive vice president, Advocacy
October 21 -
The Municipal Securities Rulemaking Board's meeting will discuss the scope of its Form A-12 modernization efforts, authorizing a request for comment on a certain MA exemption and extending COVID relief under MSRB Rule G-27, among others.
October 20 -
Dave Sanchez urged local officials to be wary of certain structures that proved unprofitable during the last downturn.
October 19 -
Luisella "Sella" Perri has wide experience in the public finance arena, with a focus on federal tax laws and regulations related to tax-exempt financings.
October 17 -
The municipal dealer community supports market transparency. The proposal before Congress, however, is poorly conceived, has few if any market supporters, and has the potential to be very expensive.
October 17 -
An audience poll during the National Association of Bond Lawyers' Workshop indicated that offering and disclosure fraud were among the highest concerns for the muni market.
October 13 -
Even without formal rules tailored to the municipal market, ESG integration will likely come to the muni market faster than expected.
October 13 -
Partisan politics is playing a larger role in public finance, flaring up into bickering more often than in the past.
October 12 -
Illinois-based broker dealer Ronald Molo has been fined $815,104 in disgorgement and prejudgment interest and has been permanently enjoined from participating in the issuance, purchase, offer or sale of any security.
October 11 -
Joseph "Jodie" Smith takes the reins at the influential bond lawyer organization.
October 11 -
Should the proposal go forward, the board should provide analysis and evidence as to how such a requirement would benefit the market, dealers said.
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