Securities law

The former mayor of Markham, Ill., solicited and received a $75,000 bribe from a contractor in return for giving him work on a bond-financed project.

A federal judge has barred Ramapo, N.Y., from issuing new bonds for three years unless it hires an independent disclosure counsel.

The SEC went into its expanding toolbox to bring fraud charges against Oyster Bay, N.Y., and its former top elected official for hiding the existence and potential impact of side deals with a businessman.

SEC takes stock of fiscal 2017 in enforcement and finds 4% of its cases were public finance-related.

Mehran Tazhibi agreed to pay a $10,000 fine and be suspended for two months.

While muni advocates may have an opportunity to defend private activity bonds and deductions favorable to the market, both Houses of Congress appear to be aligned on banning advance refundings.

There isn't much need to overhaul primary offering rules, dealers and muni advisors told the MSRB.

Several big names in the muni market will be part of a new SEC committee

MSRB data shows the extent to which alternative trading systems are used in the muni market.

Dealers are pleased that the MSRB has expanded the exemption to its CUSIP proposal.

Muni market participants may not be ready in time to implement a pending markup disclosure rule on which regulators place huge importance.

Undoing the floating net asset value requirement for money market funds would give municipalities more flexibility, GFOA testifies.

The MSRB compliance group is made up of several well-known muni vets.

The MSRB backed off an effort to write a new rule on minimum denominations and will modify proposals on CUSIP numbers and muni fund securities.

Market participants think the SEC will narrow its proposal to add event notices under Rule 15c2-12.

SEC nominees Hester Peirce and Robert Jackson fielded questions from Senators on Tuesday.

The MSRB has several agenda items queued up for its Oct. 25-26 meeting.

The MSRB expects its new executive budget summary to increase transparency about how the board collects and spends its money.

Ameriprise Financial Services, Cabrera Capital Markets, R. Seelaus & Co., Performance Trust Capital Partners, and Murray Sinclaire of Ross Sinclaire & Associates signed settlement agreements.

Wenatchee, Wash. is back to investment grade after a rough couple of years.