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Sen. Elizabeth Warren, D-Mass., is trying to amend an energy bill pending before the Senate to include a provision that would halt Puerto Rico creditor litigation until April 1.
By Jack CaseyJanuary 29 -
The House is scheduled to hold a voice vote on Monday on a bill that would treat investment grade and actively traded municipal securities as high quality liquid assets under a rule banking regulators adopted in 2014.
By Jack CaseyJanuary 28 -
Senate Democrats and Independents joined together on Wednesday to call for swift action to write and pass legislation that authorizes debt restructuring for Puerto Rico.
By Jack CaseyJanuary 27 -
Two Republican state committees that challenged the constitutionality of a Securities and Exchange Commission political contributions rule are insisting the SEC reject a Municipal Securities Rulemaking Board proposal to extend pay-to-play prohibitions to municipal advisors.
By Jack CaseyJanuary 26 - Washington
A House panel hearing on a federal oversight board for Puerto Rico has been rescheduled to Feb. 2 as a Republican governor is arguing against a Super Chapter 9 solution for the commonwealth but not ruling out bankruptcy protections for the territory's public authorities.
By Jack CaseyJanuary 25 -
The Association of Financial Guaranty Insurers is urging House and Senate leaders to pursue federal oversight of Puerto Rico but avoid bankruptcy access for the commonwealth.
By Jack CaseyJanuary 22 -
Dealer and advisor groups want revisions to a Municipal Securities Rulemaking Board proposal to extend pay-to-play prohibitions to non-dealer municipal advisors.
By Jack CaseyJanuary 21 -
A House committee panel hearing next week on the need for a federal financial oversight authority in Puerto Rico could pave the way for a legislative package to address the territory's problems by the end of March, according to congressional aides and lobbyists.
By Jack CaseyJanuary 20 -
The Municipal Securities Rulemaking Board plans to discuss bank loans and dealer disclosure of markups to retail customers during its board meeting here next week.
By Jack CaseyJanuary 20 -
The Municipal Securities Rulemaking Board announced on Tuesday which registered brokers, dealers, and municipal advisors will be required to participate in testing business continuity and disaster recovery plans.
By Jack CaseyJanuary 19