- Washington
Infrastructure funding and municipal revenue could be on the chopping block when Washington state lawmakers convene.
January 4 -
New tolled express lane west of Denver is meeting early expectations for congestion relief within the I-70 corridor.
January 4 - Washington
"I think it is a concern of many of [GFOA's] members that the MCDC initiative will be used to generate a large number of instances of issuer violations of the continuing disclosure agreements and obligations and that the violations will be grouped and presented to Congress and SEC commissioners as the basis for organizing some kind of one-size-fits-all regulatory scheme to impose further regulation on issuers," said Dustin McDonald, GFOA federal liaison center director.
December 31 -
Municipal market groups are ready to band together in 2016 to show the Securities and Exchange Commission that they can improve disclosure practices without increased regulation, even as the commission is set to continue publishing settlements with underwriters and issuers who have failed to comply with their continuing disclosure obligations.
December 31 -
Congress will not act on comprehensive tax reform next year, but House Republicans could try to move forward with international or corporate tax reform, according to tax experts.
December 30 - Washington
"Our biggest issue is the issue price rules," Michael Decker, a managing director and co-head of municipal securities for the Securities Industry and Financial Markets Association, said when asked about the tax arena.
December 29 -
The biggest tax regulatory issue for municipal market participants in 2016 are the issue price rules and what changes the Treasury Department and Internal Revenue Service will make as they finalize them, dealer and issuer group representatives said in interviews about the coming year.
December 29 -
Washington State Treasurer James McIntire surprised insiders with his decision to not seek re-election after two terms in a position that includes oversight of state bond sales.
December 28 - Washington
The pipeline for municipal market enforcement cases is very full for 2016, said LeeAnn Gaunt, director of the SEC enforcement division's municipal securities and public pensions unit. "We're really operating on all cylinders."
December 28 -
Municipal market participants will once again see an active year for enforcement in 2016 as the Securities and Exchange Commission's self-reporting initiative largely wraps up and the enforcement division mixes a continued focus on pricing and market structure actions with potential new areas for enforcement like municipal advisors and bank loans.
December 28