Washington

The 70-page report homed in on some muni-specific risks uncovered during examinations.

It's the latest salvo in a growing controversy over the Federal Highway Administration's December memo discouraging states from building new highway capacity.

The state of Washington sold $743 million of general obligation bonds in the competitive market at similar spreads to its November sale while some issuers have moved to the day-to-day calendar.

Many Infrastructure Investment and Jobs Act funds can't flow without a FY22 budget

Bond Dealers of America's Brett Bolton sits down with Kyle Glazier to discuss the group's latest advocacy efforts and the outlook for legislation critical for the municipal market. (18 minutes)

FINRA found that Michael Mancinelli improperly exercised discretion and caused his firm to have inaccurate books and records.

The defendants believe the charges are lacking on numerous levels while the SEC argued that fee-splitting is a clear and known rule violation.

Municipal to UST ratios hit highs earlier in the week, creating entry points for buyers to return to the market even as ratios fell on the week. The primary will see a smaller calendar at $5.4 billion.

Former U.S. Treasury Secretary Lawrence Summers said investors need to brace for the Federal Reserve to potentially raise interest rates at all seven remaining policy meetings this year and even for it to hike by more than a quarter point in one go.

The Municipal Securities Rulemaking Board’s request for information on environmental social and governance factors is beginning to collect responses from issuers and practitioners alike, revealing some of the market’s initial priorities.