RBC and two muni managers settled charges of flipping bonds in the SEC's latest action targeting abuse of retail order periods.

The Securities and Exchange Commission settled with the Sweetwater Union High School District as well as former Chief Financial Officer Karen Michel.

The proposed changes would reduce the volume of disclosures dealers have to make to customers each year.

SALT relief was not part of the initial language in the reconciliation bill, but several moderate Democrats say they won't support the legislation without it.

In the last decade Omid was involved in cyber security issues.

“Chandra has built a reputation as an innovator at Moody’s,” said Tim Blake, managing director of public finance.

The MSRB has announced an extension for municipal bond advisors seeking Series 54 certification, moving the compliance date from to Nov. 30, 2021, from Nov.12.

Some issuers may have taken their eyes off of arbitrage risk, but advisors are still taking that tax-exempt compliance job seriously.

The settled proceeding against Anthony Falsetta, announced Tuesday, is the latest in a string of SEC cases targeting violations of retail order periods.

The trouble stems from a West Virginia tender offer deal Crews & Associates recommended to an issuer.

Porter Bingham stands accused of stealing $33,000 from the city of Rolling Fork, Mississippi.

The announcement came after the municipal advisors trade group said it had received a report of COVID-19 exposure at a testing site.

At stake, from SIFMA's perspective, is the potential of the SEC to revive the exemption in the future.

Former Markham, Illinois, Mayor David Webb Jr. was accused of pocketing bribes for a project financed with bonds. He also pled guilty to criminal charges.

The board will have 15 members for its fiscal year starting Oct. 1.

The board decided last month it would seek commission approval to tweak rules related to mandatory disclosures.

The two issuances under IRS scrutiny join an earlier debt issuance the county disclosed publicly late last year.

FirstEnergy will pay $230 million under a deferred prosecution agreement with federal authorities in the alleged pay-to-play that benefitted its former subsidiary FirstEnergy Solutions.

It was a busy quarterly board meeting for the MSRB.

The agency withdrew its ratings on the commonwealth and all of its authorities for its own business reasons.