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The Municipal Securities Rulemaking Board late Friday filed with the Securities and Exchange Commission revised content outlines to its qualification exams for municipal fund securities limited principals, municipal securities representatives, and municipal securities principals that will bring the tests in line with recent MSRB rule changes.
August 3 -
Bankruptcies in Detroit, Jefferson County, Ala., and three California cities helped spawn a new breed of activist judges, who may use Chapter 9 cases as the platform not just for reorganizing municipal debt, but also for helping set the stage for turning distressed cities around.
August 3 -
The Central Puget Sound Regional Transit Authority in Washington State is planning to sell nearly $1 billion of green bonds Aug. 4 to pay for its mass transit system and for possible refunding purposes.
July 31 -
The developer of the All Aboard Florida private passenger train system plans to quickly issue $1.75 billion of private activity bonds after approval of the deal.
July 29 -
The $8 billion, three-month extension of the Highway Trust Fund avoids a project shutdown in August.
July 29 -
Credits of the U.S. publicly owned airport sector and the crucial role of airport management are undervalued by the major ratings agencies despite their blemish-proof record, Kroll Bond Rating Agency said in a new report.
July 29 -
"Detroit's a much better credit than it was two years ago," its former emergency manager, Kevyn Orr, told a municipal bond market group.
July 29 - Washington
Utah Gov. Gary Herbert has become chair of the National Governors Association for 2015-2016 and has unveiled an initiative to highlight governors' innovative solutions to crucial programs.
July 28 -
House plans to leave for a long recess Wednesday after voting on a 90-day extension of federal highway funding.
July 28 - Washington
Pension burdens increased in fiscal 2013 for 31 of the 50 local governments with the most debt outstanding in that year, Moody's Investors Service said in a new report.
July 27