News
Robert Bond joins R. Seelaus underwriting team
4+ hour, 14+ min ago (454+ words) Robert Bond has worked in municipal bond underwriting for more than 26 years. He joined R. Seelaus in March in what he anticipates to be his final career move before retirement." Bond, 54, said his last name did not influence his decision to…...
Austin to sell $1. 18 billion of revenue bonds for airport expansion
6+ hour, 45+ min ago (979+ words) Long-term financing for a $5. 5 billion expansion and development program at Austin-Bergstrom International Airport takes off this week with the Texas capital city's $1. 18 billion revenue bond sale." The debt issuance comes as other Texas airports are teeing up bond offerings this…...
Culinary Institute of America set to borrow $17 million
8+ mon, 2+ week ago (544+ words) The school that describes itself as the "world's premier culinary college" will return to the municipal bond market next week. The Culinary Institute of America plans to borrow $17 million." The negotiated deal is set to price through the Dutchess County…...
FINRA publishes 2026 regulatory report early in response to feedback from member firms
4+ mon, 5+ day ago (513+ words) The report, which also highlights topics including trends in generative artificial intelligence and cyber-enabled fraud, is a resource offering insights from FINRA's regulatory operations programs that member firms can use to help boost their resiliency and strengthen their compliance programs,…...
Probe launched into Texas Southern University's finances
5+ mon, 1+ day ago (510+ words) Texas Southern University's finances are the target of an investigation by Texas agencies in the wake of a state audit that uncovered deficiencies in oversight and reporting." Gov. Greg Abbott this week directed the state comptroller's office and public safety…...
New Hampshire conduit says it will take bitcoin to muniland
4+ mon, 6+ day ago (1598+ words) For years, the cryptocurrency industry has been trying to creep closer and closer to the world of public finance. Quincy, Massachusetts, used the blockchain to issue bonds. New York Mayor Eric Adams suggested "Bit Bonds," only to be swiftly rebuffed…...
Bitcoin-backed bonds receive first rating
1+ week, 5+ day ago (397+ words) The New Hampshire Business Finance Authority's $100 million of bitcoin-backed bonds received a provisional rating from Moody's Ratings." Moody's rated Ba2 the two series of securities backed by a pool of bitcoin held by Bit Go Bank & Trust. Both series will mature…...
Execution over allocation: closing the delivery gap
2+ mon, 1+ week ago (123+ words) Chris Brigati, managing director and CIO at SWBC, said he was "a little underwhelmed" with the market as volumes and flows were lighter than he expected. Eichar said Stradling's strength in working on infrastructure projects with local agencies was an…...
SEC muni enforcement down sharply in 2025
5+ mon, 2+ day ago (658+ words) Municipal securities enforcement actions by the Securities and Exchange Commission have totaled just three so far this year, putting 2025 on track to record a noteworthy decline from the enforcement level pace it has maintained going back to at least 2019. In…...
Born after scandals, the muni market's principal regulator turns 50
10+ mon, 1+ week ago (1732+ words) Fifty years ago today, something big happened in municipal market history: Congress created the Municipal Securities Rulemaking Board." And for nearly 29 of those 50 years, Christopher "Kit" Taylor served as executive director at the MSRB " the muni market's principal regulator. Taylor's…...