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The Securities and Exchange Commission has proposed to update its rules for administrative proceedings to provide more flexibility to parties and improve the availability of documents to the public.
September 24 -
The Securities and Exchange Commissions five members unanimously agreed on Tuesday to propose a rule and amendments that would require open-end mutual funds and exchange traded funds to take steps to manage liquidity risks so they could handle redemptions during periods of financial stress.
September 22 -
The National Association of Bond Lawyers is calling for increased education of issuers on continuing disclosure in the wake of lessons learned from the Municipalities Continuing Disclosure Cooperation initiative.
September 21 -
The Municipal Securities Rulemaking Boards pending fee changes will be unfair and excessively burdensome, dealer and advisor groups told the Securities and Exchange Commission.
September 21 -
Former Internal Revenue Service director Mark Scott is urging the IRS to revoke a private-letter ruling that was favorable for a total return swap, arguing that TRS are [arbitrage scheme[s] that have resulted in hundreds of millions of dollars of illegal tax benefits being stolen.
September 21 -
While the issue price rules proposed by the Treasury Department and Internal Revenue Service in June are a significant improvement over those proposed in 2013, the alternative method for determining issue price under the recent proposal is currently not workable, the Securities Industry and Financial Markets Association wrote.
September 18 -
The Obama administration is emphasizing the urgency of giving Puerto Rico the right to use a bankruptcy process for its debts.
September 18 -
The National Federation of Municipal Analysts has released the final version of its set of best practices for state government general obligation bond disclosure, the first part of an ongoing update to a set of recommended best practices from 2001.
September 18 -
The Municipal Securities Rulemaking Board has shelved its controversial proposal to ease independence standards to obtain a public investor on its board and will instead establish an investor advisory group.
September 17 -
The Securities and Exchange Commission adopted amendments to its money market fund rule that would remove credit ratings references funds use to comply with the rule -- an action many market participants applauded but others said could pose risks..
September 17