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The Municipal Securities Rulemaking Board is asking the Securities and Exchange Commission to approve its slightly revised proposal to lengthen board members terms to four years from three.
By Jack CaseyJanuary 15 -
Only Congress can take the necessary steps to fully resolve Puerto Rico's debt crisis, Treasury Secretary Jack Lew said in a letter to congressional leadership on Friday.
By Jack CaseyJanuary 15 -
The Securities and Exchange Commission has charged State Street Bank and Trust Co., the former head of its public funds group, and a lawyer-lobbyist with securities fraud for making illicit payments and campaign contributions to obtain Ohio pension fund business worth millions.
By Jack CaseyJanuary 14 -
A Securities and Exchange Commission proposal designed to bolster liquidity risk management among open-end funds would likely reduce the funds' appetite for municipal securities and deter infrastructure projects, the Government Finance Officers Association warned.
By Jack CaseyJanuary 14 -
The Municipal Securities Rulemaking Board on Tuesday released a regulatory notice detailing new core conduct requirements for municipal advisors.
By Jack CaseyJanuary 13 -
The Puerto Rico Electric Power Authority will run out of money in the first half of 2016 if it cannot get creditors to agree to a financial restructuring plan, PREPA chief restructuring officer Lisa Donahue said at a House panel hearing on Tuesday.
By Jack CaseyJanuary 12 -
The Municipal Securities Rulemaking Board had $69.52 million of net assets at the end of September, nearly triple the $25.94 million it had five years ago, according to MSRB financial documents.
By Jack CaseyJanuary 11 -
Christopher Brogdon, facing Securities and Exchange Commission charges for defrauding investors in senior living facility financings, has been ordered by a federal court in New Jersey to create a plan to pay those investors.
By Jack CaseyJanuary 8 -
Lisa Donahue, the chief restructuring officer for the heavily indebted Puerto Rico Electric Power Authority, will be one of four panelists testifying at a House Natural Resources Committee panel hearing on Jan. 12 about the commonwealths energy problems.
By Jack CaseyJanuary 7 -
The Municipal Securities Rulemaking Board is seeking comment on a proposal it says would lessen the effect of interdealer transaction failures on the municipal market while providing needed changes to an outdated rule.
By Jack CaseyJanuary 6