Washington

The new guidance details conduct that may put advisors in violation.

The revised federal grant program would reward freight projects with innovative financing, including P3s.

With growth, inflation and interest rates low, accommodative monetary policy remains appropriate, Federal Reserve Bank of St. Louis President James Bullard said Thursday.

The SEC could charge workers from Morgan Stanley & Co. and Barclays Capital, who worked on the deals.

The U.S. Securities and Exchange Commission may take action against bankers from Barclays Plc and Morgan Stanley for their roles in Puerto Rico bond sales before a worsening fiscal crisis sent it hurtling toward bankruptcy.

Puerto Rico's oversight board's decision against the power authority's restructuring support agreement moves $9 billion of debt closer to bankruptcy.

GASB Statement 87 provides one approach to all leases of tangible assets.

The bill's sponsor wants the full House to take up the proposal, which would allow the privatized system to issue debt supported by airline user fees, before the August break.

Federal Reserve Chair Janet Yellen gave no indication her plans for continued monetary policy tightening had shifted while acknowledging that some asset prices had become “somewhat rich.”

Rep. Dan Donovan of Staten Island initiated a letter to Treasury Secretary Steven Mnuchin.