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The Securities and Exchange Commission adopted amendments to its money market fund rule that would remove credit ratings references funds use to comply with the rule -- an action many market participants applauded but others said could pose risks..
By Jack CaseySeptember 17 -
Securities and Exchange Commission Chair Mary Jo White said she will work to make regulatory and other changes to support shortening the settlement cycle for several types of secondary market transactions from three days after a trade date to two days by 2017.
By Jack CaseySeptember 16 -
Securities and Exchange Commission top cop Andrew Ceresney and a Justice Department official warned legislators on Wednesday that a bill to update the Electronic Communication Privacy Act of 1986 could hurt their enforcement programs.
By Jack CaseySeptember 16 -
Dealer groups oppose a Municipal Securities Rulemaking Board proposal to provide academics with muni trade and pricing data with anonymous dealer identifiers while researchers contend the new data will add to market transparency.
By Jack CaseySeptember 15 -
Eight Hispanic lawmakers called on the Department of Treasury Monday to take a more active role in helping Puerto Rico with its worsening fiscal situation by engaging Congress over pending Chapter 9 bankruptcy legislation.
By Jack CaseySeptember 15 -
Dealer, issuer and investment company groups are urging the Securities and Exchange Commission to disapprove a Municipal Securities Rulemaking Board rule that would impose core duties on municipal advisors, warning it is overly burdensome and anti-competitive.
By Jack CaseySeptember 14 -
SEC enforcement officials want muni market participants to know that they have 30 people, mostly staff attorneys, in eight offices around the country who have significant expertise in muni issues.
By Jack CaseySeptember 11 -
Securities and Exchange Commission officials rejected bond lawyers suggestions that the settlements with 36 underwriters under the Municipalities Continuing Disclosure Cooperation initiative contained specific parameters of continuing disclosure violations.
By Jack CaseySeptember 11 -
Should industry practices on pricing new bonds change in the wake of the SECs enforcement case against Edward Jones?
By Jack CaseySeptember 10 - Puerto Rico
Suggestions for handling Puerto Ricos fiscal crisis, including a control board, continue to circulate in Congress as it prepares to resume its session after Labor Day.
By Jack CaseySeptember 4