MSRB's fiscal 2024 priorities include new regulations, EMMA updates

Harmonized market regulations and more responsive municipal securities market data are among the priorities the Municipal Securities Rulemaking Board will emphasize in fiscal 2024.?

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September municipal bond issuance rose slightly year-over-year, becoming the first month of 2023 to see supply increase from 2022 levels, as several billion-dollar deals were priced and a general market acceptance of the Fed's 'higher for longer' stance took hold.

Nominations are open for The Bond Buyer’s 2023 Deal of the Year awards.?

Piper Sandler has named Dustin Avey and Jeremy Garber as co-heads of public finance, replacing Frank Fairman, a 40-year veteran of the firm. Fairman, who headed public finance since 1991, will remain with Piper Sandler in an advisory capacity "into 2024," the firm said. Fairman is a 2023 inductee to The Bond Buyer Muni Hall of Fame, which honored him for, among other things, building out the national footprint of the firm's public finance team, growing it to 160 bankers in 43 locations across the U.S.

Click to see the first half’s top issuers, underwriters, and financial advisors.

The Municipal Securities Rulemaking Board has requested comment on draft amendments to Rule G-12 on uniform practice, in efforts to codify, retire and reorganize 40 pieces of interpretive guidance related to interdealer confirmations. "We are seeking to streamline the MSRB rule book by retiring outdated or superfluous guidance and codifying the relevant investor and issuer protections established over decades of interpretive guidance directly into the rule text," MSRB chief regulatory and policy officer Ernesto Lanza said.?

Check out our most recent Rising Stars and the second class of Muni Hall of Famers.

A pair of Texas congressmen are urging the Federal Railroad Administration to reject joint grant applications by Amtrak and railroad company Texas Central to build high-speed rail between Dallas and Houston.

Learn how industry leaders are grappling with the challenges facing public finance and infrastructure by listening to The Bond Buyer’s podcast, available on our website or your podcast player of choice.

After selling off for a week and a half, munis ended Friday's session firmer, but September losses moved the asset class into the red for the year. "September and to a lesser degree October have not been kind to municipal investors in recent history," Barclays PLC strategists wrote.?

California Democratic elected leaders are asking the state Supreme Court to remove a business-backed measure from the November 2024 ballot that would require voter approval for any increase in state or local taxes.?

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