Washington

Securities and Exchange Commission Chairman Mary L. Schapiro today issued a statement saying she is pleased that the nation’s securities markets were able to open Wednesday despite the devastation left by Hurricane Sandy.

The Municipal Securities Rulemaking Board plans to propose regulations that would require dealers to disclose more information about contributions to bond-ballot campaigns.

Eighteen muni market groups are urging the Obama administration to exempt Build America Bonds and other direct-pay bonds from sequestration.

Market participants whose electronic systems have been affected by Hurricane Sandy may want to notify the Municipal Securities Rulemaking Board.

The MSRB cancelled a board meeting-related press call Monday due to deteriorating weather conditions caused by Hurricane Sandy.

Comments made by banking analyst Meredith Whitney in 2010 about looming municipal defaults caused more damage to the market than market participants charged with fraud in recent years, former muni regulator Paul S. Maco, said Friday.

After weighing which financing was least likely to provoke a third investigation by the Securities and Exchange Commission, Miami chose a limited public offering to refinance a bank loan.

Vicky Tsilas, assistant branch chief for the Internal Revenue Service's Office of Associate Chief Counsel, has been named associate tax legislative counsel in the Treasury Department's Office of Tax Policy.

The Securities and Exchange Commission is not pursuing the idea of imposing a three-strikes-and-you're-out system for issuers with disclosure failures, like the one floated last week by an SEC commissioner, John Cross, the director of the SEC's Office of Municipal Securities said here on Thursday.

The National Association of Bond Lawyers elected new officers and announced three new board members here on Wednesday. Scott R. Lilienthal, a partner at Hogan Lovells LLP in Washington, D.C., who had been president-elect, became president, replacing Kristin Franceschi, a partner at DLA Piper LLP in Baltimore.