![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.
The SEC said that the timeliness of disclosures is a “major challenge” in the secondary market for municipal securities.
The investigation had appeared likely to be tied to a fraud case involving the New York State Common Retirement Fund.
Analysts expect a drop in trade volume in at least the first two quarters of this year.
The American Securities Association sent a letter to the SEC regarding the regulator's proposed exemptive order for muni advisors, calling it an "ill-advised effort."
The bill would authorize a new grant program at the Department of Homeland Security to take action on cybersecurity at the state and local level.
SEC staff stayed consistent with its message that antifraud provisions apply to all public statements made by issuers.
The submission calculator received criticism from issuers and analysts with some saying it isn't ready for "prime time."
Some muni market members don’t see hope for an infrastructure bill passing in 2020, even though Trump called for it in his address.
Investors should be aware that a lower coupon rate could become illiquid if interest rates rise, the Municipal Securities Rulemaking Board said.
The almost $350 million in bonds would pay for upgrades to the track and proposes the city of Baltimore takes over ownership of Pimlico Race Course.