- Puerto Rico
Puerto Rico Gov. Alejandro García Padilla said on Tuesday that Puerto Ricos struggle with its recent fiscal crisis may be an example for larger states and municipalities that have financial struggles they must deal with in the future.
By Jack CaseyJuly 12 - Puerto Rico
The House approved a bill by voice vote on Monday that would put an end to a current legal loophole that a lawmaker contends has led to financial losses for many Puerto Rican investors and retirees.
By Jack CaseyJuly 11 -
The Securities and Exchange Commission is battling with Miami and former budget director Michael Boudreaux over whether they can defend themselves against securities fraud charges by saying they relied on advice from auditors.
By Jack CaseyJuly 11 - Puerto Rico
The Centers for Medicare and Medicaid Services (CMS) released a proposed rule that could help Puerto Rico retain many physicians who otherwise may have considered leaving the fiscally troubled island.
By Jack CaseyJuly 8 -
Four senators urged President Obama and congressional leaders on Thursday to only nominate and appoint qualified individuals from Puerto Rico to serve on the oversight board to be created under recently passed legislation designed to help the commonwealth with its fiscal crisis.
By Jack CaseyJuly 7 -
The Puerto Rico Aqueduct and Sewer Authority will delay payments on loans and renegotiate loan agreement terms under U.S. state revolving fund and rural development programs, according to two forbearance agreements detailed in an event notice posted on EMMA on Wednesday.
By Jack CaseyJuly 6 -
The federal judge presiding over a Securities and Exchange Commission case charging the city of Miami and its former budget director with securities fraud concluded in a July 5 order that the bulk of the case could not be decided before trial
By Jack CaseyJuly 6 -
Three state Republican parties challenging the constitutionality of a revised Municipal Securities Rulemaking Board anti-pay-to-play rule are asking a federal circuit court to streamline the legal process by consolidating their two pending cases.
By Jack CaseyJuly 5 -
The Municipal Securities Rulemaking Board is asking the Securities and Exchange Commission to approve rule changes that would create a new academic trade product with anonymous dealer identifiers that has proved somewhat controversial.
By Jack CaseyJuly 1 -
Legislation to rescue Puerto Rico from its debt crisis is moving to President Obamas desk for a signature after the Senate approved it 68 to 30 Wednesday, just two days before the commonwealth is expected to default on a $2 billion debt payment.
By Jack CaseyJune 29