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The nation's deteriorating infrastructure will continue to decline without a resolution of a $2 trillion funding shortfall over the next 10 years, the American Society of Civil Engineers said.
March 9 -
Former Washington State Treasurer Jim McIntire has joined Star Mountain Capital, a lower middle-market asset management firm, as a strategic advisor serving public pensions and other institutional investors.
March 9 -
Louisiana Gov. John Bel Edwards wants coastal protection projects added to the president's high-priority infrastructure list in order to receive expedited federal approval.
March 9 -
A guilty plea from Aaron Troodler, the former executive director of the Ramapo Local Development Corp., for criminal securities fraud means he could face a maximum of 25 years in prison.
March 8 -
OppenheimerFunds will acquire Seattle fund manager SNW Asset Management to expand its high-quality municipal bond offerings.
March 8 -
The Glades Correctional Development Corp. in south-central Florida shorted its March 1 debt-service payment, the trustee said in a notice, as the date for a taxable bond exchange approaches due to an IRS ruling.
March 7 -
Dealers are criticizing a proposed standalone minimum denomination rule from the Municipal Securities Rulemaking Board, saying it would hamper liquidity and hurt investors by limiting the liquidity of below-minimum denomination positions in municipal securities.
March 6 -
SEC Commissioners gave the green light on Wednesday for the staff to propose two new amendments to Rule 15c2-12 that would require issuers and borrowers to disclose certain information about bank loans and private placements, which are increasingly used alternatives to publicly offered muni bonds.
March 1 - Washington
Brookings Institution has extended its deadline for proposals for its sixth annual municipal finance conference to March 6.
February 28 -
Mark Kim from DC Water will become Lynnette Kelly's No. 2 at MSRB, while Lakshmi Kommi of the City of San Diego will replace him on the MSRB's board of directors.
February 28