MSRB proposal would simplify underwriter requirements

The Municipal Securities Rulemaking Board is seeking comment on draft amendments to its rule governing primary offering disclosure, including both technical changes as well as changes to timing requirements, that the board said are intended to alleviate burdens on underwriters.

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California voters received largely favorable reviews from Moody's Investors Service for approving school-related ballot measures and the failure of a statewide measure that would have raised taxes on high earners that analysts say could have driven more business out of the state.

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And if you missed any of our ESG Week coverage, make sure to check our ESG special section which has all the articles, the podcast and a taped version of the Leaders event.

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Toledo, Ohio-based ProMedica Healthcare's divestiture of its skilled nursing business joint venture and stake in a real estate venture marks a turning point in addressing losses that have left the system's ratings in junk territory , S&P Global Ratings said.

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The National Association of Bond Lawyers recently responded to a request for comments on new Internal Revenue Service regulations resulting from the transition from the London Interbank Offered Rate to alternative rates, making seven major requests of the IRS.

Municipals rallied hard Thursday with the greatest gains seen out long after a lower-than-expected consumer price index report showed inflation is cooling, boosting all markets. U.S. Treasuries rallied out of the gates seeing yields close the session up to 31 basis points lower on the short end of the curve, while equities made massive gains, with the Dow Jones Industrial Average climbing over 1,200 points and the S&P 500 gaining 5.5%.