Securities law

The MSRB is looking for public members, and specifically investors, to apply through Friday for spots on its board of directors.

Rita Sallis has briefly rejoined the MSRB board following the resignation of Jim Beard and Ronald Dieckman's term has been extended.

Six straight treasurers want SEC chairman Jay Clayton to stay the course on the commission's forced arbitration policy.

After a bumpy but overall successful launch of markup disclosure, the muni industry looks ahead to regulatory scrutiny and finding ways to use the new data.

Deutsche Bank Securities and Central States Capital Markets agreed to settle with FINRA for a combined $80,000.

The new guidance is just the first of a planned three-part release, which will later cover social media use and the rule's content standards.

Issuer groups urged a Senate Panel to undo a 2014 SEC rule change that required money market funds to use a floating net asset value.

Jose Ramírez has yet to acknowledge wrongdoing in misleading investors about Puerto Rico debt and may pose a continued threat to investors, SEC lawyers told a federal judge.

The SEC contends it played fairly in prosecuting its case against Wells Fargo Securities and Peter Cannava, denying the defense's allegations of dishonest "legal gamesmanship."

Municipal advisors were hoping for something more robust than the comments the MSRB incorporated into its latest "compliance resource."

The federal government's job board stops taking applications next week.

Ex-Morgan Stanley branch manager Terry Lee McCoy failed to act on several "red flags" that the accounts of an elderly and incapacitated customer were being abused, FINRA said.

There was friction about the integrity of the muni market during a panel discussion Thursday, but the committee agreed to move along with some disclosure recommendations.

Navnoor Kang, a former director at the New York State Common Retirement Fund, wants home confinement rather than prison.

The Government Finance Officers Association said Tuesday it generally supports most of the recommendations an SEC panel plans to discuss in Atlanta later this week.

The SEC's Investor Advisory Committee's vice chairman is Elisse Walter, the former chairman and commissioner of the SEC who was most responsible for the commission's 2012 Report on the Municipal Securities Markets that suggested some of these muni reforms.

A proposal by bank and securities regulators to roll back some provisions of the Volcker Rule indicates they may be considering rethinking their previous stance on tender option bonds.

The muni industry's self regulator said issuers have found underwriters' disclosure letters to be too long, filled with boilerplate, and duplicative.

Elad Roisman's main expertise is in equities, corporate debt, mergers, market structure and derivatives.

Wells Fargo Securities and banker Peter Cannava are alleging the SEC was dishonest in crafting investors' statements and failed to turn them over to defense attorneys in the 38 Studios case.