![Sarah Wynn is an editorial intern at American Banker. She is a recent grad of University of Missouri's journalism school.](https://arizent.brightspotcdn.com/dims4/default/c8b01b4/2147483647/strip/true/crop/960x960+0+0/resize/200x200!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2Fef%2F3c%2Feb03c20741babb9f1d5913490651%2Fwynn-sarah.jpg)
Sarah Wynn covers securities and infrastructure for the Washington bureau.
Sarah Wynn covers securities and infrastructure for the Washington bureau.
BB&T failed to submit accurate minimum denomination and maximum interest rates to the MSRB’s Short-Term Obligation Rate Transparency (SHORT) System in 3,710 instances, FINRA found.
The House is expected to release a stimulus package in the next few days.
The National Federation of Municipal Analysts asked the Municipal Securities Rulemaking Board to create a separate category for COVID-19 related disclosures.
One of the bills authorizes $17 billion in new federal authorization to invest in water infrastructure as municipalities grapple with coronavirus’ impact on their water systems.
Mark Kim, MSRB chief operating officer, predicted even more disclosures in the near future.
The SEC encouraged issuers to provide investors with forward-looking information as to how the pandemic will affect future finances.
Many of the MSRB’s past and current public board members have had significant connections with regulated dealers or banks, the unions said.
The MSRB is looking to cut back on repetition in its broker-dealer suitability rules, which is a welcome change for the dealer community as Reg BI goes into effect in less than two months.
Broker-dealers oppose a proposed change to MSRB's governance rule that would reserve two seats for municipal advisors.
Two executives for the failed Tri-Valley charter schools agreed to pay $20,000 and $15,000 to settle charges of misleading municipal bond investors.