-
The Municipal Securities Rulemaking Board, at its meeting next week, plans to discuss draft guidance on its best execution rule, its proposal to require dealers to provide pricing information to customers, and the reaction to its bid to ease standards for the public investor representative on its board.
By Jack CaseyJuly 22 -
The Government Finance Officers Association took issue with the Municipal Securities Rulemaking Boards proposed easing of standards for one public board position, saying the changes could affect the balance of power and lead to candidates who do not represent the best interests of investors.
By Jack CaseyJuly 21 -
The Senate Finance Committee is pressing Treasury Secretary Jack Lew for positions on Puerto Rico, including whether it supports giving the troubled territory the ability to allow its public entities to file for bankruptcy protection under Chapter 9.
By Jack CaseyJuly 17 -
The Municipal Securities Rulemaking Board is proposing to create a trade data product that would allow higher education researchers to see what dealers are doing while keeping the dealer identities anonymous.
By Jack CaseyJuly 16 -
Sens. Chuck Schumer, D-N.Y., and Richard Blumenthal, D-Conn., unveiled a bill on Wednesday to allow Puerto Rican public entities to declare Chapter 9 bankruptcy.
By Jack CaseyJuly 15 -
The Municipal Securities Rulemaking Boards proposal to ease the independence standard for its public investor slot is deeply flawed and would undermine the very purpose of Dodd-Frank Act provisions, according to the Securities and Exchange Commissions Investor Advocate.
By Jack CaseyJuly 14 -
The Financial Industry Regulatory Authority is expected to release an investor alert Monday to educate bondholders on liquidity issues that can arise during times of market stress.
By Jack CaseyJuly 10 -
Two senators have introduced a bipartisan bill that would give the Securities and Exchange Commission the ability to levy higher civil monetary penalties against firms and individuals for securities law violations.
By Jack CaseyJuly 9 -
The House Judiciary Committee is unlikely to pass legislation that would give Puerto Rican public municipalities and utilities the ability to file for bankruptcy under Chapter 9, committee chair Bob Goodlatte, R-Va., said in a Wednesday statement.
By Jack CaseyJuly 8 - Puerto Rico
Pressure is mounting for Congress to make Puerto Rico's public entities eligible for Chapter 9 bankruptcy protection in the wake of an appeals court decision that found the territory's restructuring law illegal, and calls from top presidential candidates for congressional action.
By Jack CaseyJuly 7