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The Senate Judiciary Committee will hold a hearing on Dec. 1 to explore Puerto Ricos fiscal problems and the potential options that are available to help the island, panel chair Chuck Grassley, R-Iowa, announced Thursday
By Jack CaseyNovember 12 -
In a first-of-a-kind action, the Municipal Securities Rulemaking Board released a compliance advisory for municipal advisors on Thursday to help them understand and implement new regulations.
By Jack CaseyNovember 12 -
Patrick Sweeney, Fidelity Capital Markets' senior vice president and manager of the municipal securities department, joined the Municipal Securities Rulemaking Board Thursday, replacing Edward Tishelman, who left TD Securities.
By Jack CaseyNovember 12 -
The Municipal Securities Rulemaking Board is proposing amendments to move the municipal securities industry to a T+2 settlement cycle instead of the current T+3 in the wake of continued calls from across the securities industry and support from regulatory officials.
By Jack CaseyNovember 10 -
The Municipal Securities Rulemaking Board is proposing a limited exception to the controversial principal transaction ban in its proposed municipal advisor core conduct rule.
By Jack CaseyNovember 9 -
The Securities and Exchange Commission has approved a rule from the Municipal Securities Rulemaking Board that addresses potential conflicts of interest by restricting the gifts and non-cash benefits that non-dealer municipal advisors can give to issuers and others in their professional capacities.
By Jack CaseyNovember 9 -
Rep. Nydia Velazquez, D- N.Y., introduced a bill Wednesday that would substantially increase hedge fund reporting requirements in response to ongoing concerns about hedge funds' role in Puerto Rico's financial crisis.
By Jack CaseyNovember 5 -
The House Financial Services Committee approved a bipartisan bill by voice vote on Tuesday that would treat investment grade and actively traded municipal securities as high quality liquid assets under a bank liquidity rule adopted by banking regulators in September of last year.
By Jack CaseyNovember 3 -
The Municipal Securities Rulemaking Board filed a rule with the Securities and Exchange Commission on Tuesday that would require certain brokers, dealers and municipal advisors registered with the MSRB to participate in its business continuity and disaster recovery testing.
By Jack CaseyNovember 3 -
Financial Industry Regulatory Authority chairman and chief executive officer Richard Ketchum announced Friday he will retire in the second half of 2016.
By Jack CaseyOctober 30