Securities law

The MSRB got a green light for tighter reporting rules for dealers as the regulator starts to monitor the municipal fund securities market.

Sen. John Kennedy blasted the Municipal Securities Rulemaking Board during a Senate Banking, Housing and Urban Affairs Committee meeting.

Richard Li, a public debt specialist for the city of Milwaukee, said too much cybersecurity disclosure can become a road map for hackers.

Richard Gounaud, accused by the SEC of participation in a muni bond "flipping" scheme, claimed the use of the slang term created unfair bias.

Members of the Securities and Exchange Commission on Thursday addressed confusion among issuers, broker-dealers and investors regarding disclosure.

Todd Barker was one half of a duo the SEC said engaged in a $62 million fraudulent senior housing bond scheme.

Market groups welcomed the MSRB’s announcement of EMMA’s readiness.

Now that the SEC has approved the MSRB's proposal to require MA principals to pass a new exam, a content outline and pilot program are on the horizon.

After last week's revelations about alleged wrongdoing by CMEEC officers, the issuer has appointed a special committee to oversee its own investigation.

Connecticut Municipal Electric Energy Cooperative officials allegedly used CMEEC funds for lavish trips to the Kentucky Derby and a luxury golf resort in West Virginia.

Underwriters and issuers alike have complained about the nature of disclosures under current guidance to the MSRB's rule G-17.

A federal court imposed an unusually stiff financial penalty and a lifetime ban against the already-jailed Christopher St. Lawrence.

Distinguishing abusive `pennying' from less insidious behavior is key, dealers told the MSRB.

Examiners found that Mark Stewart Saunders was improperly relying on permission from a customer's daughter.

The board stands by its chief economist's conclusions after criticism from the Bond Dealers of America.

The MSRB should tread carefully in basing future research or rulemaking on its July study of secondary market spreads, BDA said.

Todd Barker appears prepared to have negotiated a monetary settlement with the SEC, while Dwayne Edwards plans to contest the SEC's motion in court.

Kyle Glazier is the new Washington bureau chief of The Bond Buyer. He succeeds longtime bureau chief Lynn Hume, who has retired after more than three decades on the job.

Next month's event may also give attendees a rare chance to hear about muni issues directly from every commissioner.

FINRA found, and the SEC upheld, muni and other rule that violations Thaddeus North failed to prevent as chief compliance officer.