Ruben James Rojas agreed to admit wrongdoing and pay a $50,000 fine after the Securities and Exchange Commission found that he misled bond investors in connection with a $100 million offering.

The Legislative Analyst's Office forecasts the state could face a $25 billion deficit in fiscal 2023-24.

New Jersey has overtaken Los Angeles as the busiest port in the U.S. The port attributed the decline to labor negotiations and retailers placing holiday orders this summer to avoid the potential for supply chain issues.

The Municipal Securities Rulemaking Board has filed to extend G-27 relief to give dealers an extra six-month window for remote inspections

North Carolina Republican Patrick McHenry — who's in line to lead the House Financial Services Committee after the GOP won control of the chamber in the midterm elections — has called for the Fed to stay focused on controlling inflation. Democrats, who retained the Senate, have begun to voice concerns that higher borrowing costs will hurt jobs and potentially cause a recession.

The Securities and Exchange Commission's FY 2022 results show the Commission filed 760 enforcement actions and recovered $6.4 billion in penalties and disgorgement, a 9% increase from FY 2021.

The City of Rochester, New York, and its former finance director appear set in fighting SEC charges that they defrauded investors in connection with a 2019 bond offering.

"The diversity of people and places I get to work with in U.S. Public Finance, from small special purpose districts to large cities and states," makes work interesting for Cora Bruemmer. I feel like I'm always learning something new."

The rating agency zeroed in on a handful of measures in a state where voters considered billions in bond measures.

Chicago's upcoming general obligation sale will carry a Moody's rating for the first time since at least 2014.

FINRA accused the firm of negligently misrepresenting monthly account statements.

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.

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.

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.

The strength of the California economy suggests it deserves higher ratings, CreditSights said, but slowing revenues could mean the state's credit has peaked.

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.

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.

Josh Wilsusen named executive vice president, Advocacy

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.

Dave Sanchez urged local officials to be wary of certain structures that proved unprofitable during the last downturn.