A complex refinancing continues Chicago's break from past scoop-and-toss deals but front-loads savings to help balance its budget.

The Commission credits its work this year partially to the willingness of market participants to self report and cooperate with investigations.

The agency cited the closeness of the entities to Florida's government.

The Proposed Joint Rules leave many questions unanswered regarding the FDTA's ultimate impact on the municipal securities industry.

S&P Global Ratings placed Chicago's general obligation bond rating on watch negative Tuesday, warning against heavy reliance on one-time budget solutions.

Panelists at the SEC, FINRA and MSRB joint Compliance Outreach Program looked at the state of municipal advisor regulation and how the Commission could respond going forward.

Credit ratings and the role of rating agencies have changed in response to an evolving market over the past 16 years, according to speakers during an online California Debt and Investment Advisory Commission.

Drexel Hamilton and four of its representatives were charged by the Financial Industry Regulatory Authority for violating the retail order period eligibility criteria set by municipalities.

The agencies cited the authority's strong performance and position.

The outlook change to negative comes in the wake of voter approval on Nov. 5 of a ballot measure requiring certain public safety spending by the city.