Washington

Baker McKenzie created a new group to integrate regulation and enforcement in a move to align with the Securities and Exchange Commission's practices.

Nearly two in three finance officers in large cities predict a recession in the next year or two.

Reads of the economy show continued weakening, which will allow the Federal Open Market Committee to cut the fed funds rate target 25 basis points to a range of 1.5% to 1.75%.

The proposed settlement, filed in federal district court in New York late last week, would bring to a close the SEC’s case against Navnoor Kang, Deborah Kelley and Gregg Schonhorn.

The Municipal Securities Rulemaking Board plans a review after pressure from Sens. John Kennedy and Elizabeth Warren to change the makeup of its membership.

While a rate cut is likely next week, dissent on the Federal Open Market Committee may hold the key for future moves.

Both women will be honored as part of The Bond Buyer's Deal of the Year gala on Dec. 4 in New York City.

In the SEC inquiry, along with a separate FAA investigation, regulators are trying to determine if airport revenues were misspent.

S&P Global reports state HFAs are maintaining high ratings this year, “buoyed by demand for affordable housing and mortgages, low interest rates, relatively low unemployment, increasing wages, and the overall strong domestic economy.”

The expiration of a federal highway bill could provide a catalyst for expanding bonds, according to former Senate Finance Committee tax counsel, Ryan Abraham.