-
The Financial Services Institute has joined three state Republican groups in urging federal appeals court judges to vacate changes to a pay-to-play rule that they say harms market participants First Amendment rights.
By Jack CaseyNovember 28 -
The Securities and Exchange Commission's Office of Municipal Securities may propose changes to Rule 15c2-12 that would amend the list of event notices dealers must ensure issuers are disclosing.
By Jack CaseyNovember 23 -
Robert Crowe, the alleged fundraising expert for a pay-to-play scheme that took place in 2010 and 2011, is fighting the SECs fraud charges against him in Ohio federal court.
By Jack CaseyNovember 23 -
The MSRB reminded dealers on Tuesday that they are required to tell investors when a muni has market discount.
By Jack CaseyNovember 22 -
Municipal advisors want the MSRB to take more time to consider how its proposed continuing education requirements for advisors would fit into the existing MA regulatory structure as well as provide details about how firms can best comply.
By Jack CaseyNovember 22 -
The head of the SECs Division of Trading and Markets has said he will leave his position by the start of the new year.
By Jack CaseyNovember 21 -
The median audit reporting time for all municipal bond-related sectors in fiscal year 2015 was the highest it has been since 2008, likely because of recent pension reporting rules.
By Jack CaseyNovember 21 -
Dealers are unhappy the Securities and Exchange Commission has approved the Municipal Securities Rulemaking Boards proposal to require them to disclose their markups and markdowns to retail customers in certain transactions.
By Jack CaseyNovember 18 -
Securities and Exchange Commission chair Mary Jo White said in a speech on Friday that the municipal securities market is an example of an area where the commission has brought to bear its bolder and more unrelenting approach to enforcement to change industry behavior.
By Jack CaseyNovember 18 -
The Municipal Securities Rulemaking Board announced on Thursday that starting on Feb. 27, academic institutions will be able to request one-year data sets from a new data product that would identify dealers in some way without naming them.
By Jack CaseyNovember 17