MSRB seeking SEC approval of new remote supervision requirements

The Municipal Securities Rulemaking Board has asked for Securities and Exchange Commission approval to amend its supervision rule to reflect a remote work environment, a reality dealers have been handling for years now. The MSRB filed for the amendment to its Rule G-27 on supervision, touting it as a step to harmonize MSRB and Financial Industry Regulatory Authority rules. "This amendment is an important milestone in the modernization of the regulatory framework for dealer supervision of municipal securities activities," MSRB Chief Regulatory and Policy Officer Ernesto A. Lanza said.?

Watch what the municipal bond industry’s innovators and influencers are saying in our Leaders series of video interviews. Check out our lineup of future live interviews and archived conversations.

California Gov. Gavin Newsom's May budget revisions brought 260 proposed program cuts, but he will not raise taxes or layoff or furlough employees to close the deficit. His plan would cut 10,000 vacant positions.

Nominations are open for the next class of Bond Buyer Rising Stars and the third class of Muni Hall of Famers.

Pittsburgh's long road to removing lead water service lines can show other municipalities what to expect as the Environmental Protection Agency pushes cities to remove the lead from their water systems.?

Learn more about the trends impacting the industry in The Bond Buyer’s annual review of municipal bond market statistics.

On Friday, Mayor Brandon Johnson will headline the city of Chicago's 2024 investor conference at the Chicago Cultural Center, geared toward an open Q&A format and organized around the narrative that rating agencies have underestimated the city.?

Read the newest research from The Bond Buyer detailing the public finance industry’s views of the risks and opportunities in 2024.

The muni market improvement has the asset class seeing gains of 1.08% so far in May, as year-to-date returns inch closer to "positive territory," said Jason Wong, vice president of municipals at AmeriVet Securities.

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