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Representatives for municipal advisors and dealers wrote to the MSRB saying it must reevaluate its proposed new advertising rule for municipal advisors and its attempts to harmonize its existing dealer advertising rule with Financial Industry Regulatory Authority requirements.
March 27 -
D.C. is appealing the IRS determination of taxability on its bonds while a former IRS official faults the developer and bond counsel for violations of tax requirements.
March 23 -
The move to a shorter settlement cycle for munis of two instead of three business days after the trade date will take effect on Sept. 5.
March 22 - Washington
Subcommittee members heard testimony about the chances for and potential fallout from attempts to renegotiate the PREPA restructuring support agreement as well as what stakeholders have been doing to help the financially troubled commonwealth.
March 22 -
The MSRB responded to market participants comments about a prior draft of municipal advisor continuing education requirements by making several changes and providing more details about the way an MA firm could implement the proposal.
March 21 -
As tax reform is uncertain, it's more important than ever to keep up the good fight for tax-exempt bonds.
March 16 -
President Trump's 2018 budget outline would dramatically cut spending for federal transportation and community development programs.
March 16 -
The tax exempt bond office will be combined with the office of Indian tribal governments and headed by the ITG director.
March 10 - Puerto Rico
The House Financial Services Committee and Senate Banking Committee both approved companion bills that would end a legal loophole that lawmakers allege allowed broker-dealers to defraud Puerto Rico investors have received committee approval and are now pending before the House and Senate.
March 10 -
Infrastructure needs direct federal funding, not tax breaks for private investments, U.S. Sen. Charles Schumer said in New York.
March 10