The astonishing ascent of cryptocurrency has left many investors in awe, particularly following the election of a president seen as favorable to the crypto space. Initially ignited by optimism and excitement, the current atmosphere is starting to shift into a more sobering reality. With President Trump leveraging his influence and initiating various crypto-related ventures, alarm
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As the political landscape shifts in the United States, the role of municipal bonds is under increased scrutiny. The University of Chicago’s Center for Municipal Finance is set to release pioneering data that could potentially shape policy discussions in Congress regarding the preservation of the tax exemption for municipal bonds. This exemption serves as a
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As the regulatory landscape of municipal securities evolves, an ongoing debate has emerged regarding the fee structure imposed by the Municipal Securities Rulemaking Board (MSRB). Dealer groups have voiced their concerns about the perceived inequities in the current fee system, particularly emphasizing the financial strain imposed on dealers compared to municipal advisors (MAs). In responding
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The municipal bond market began 2025 on a robust note, witnessing a dramatic increase in issuance offset against a backdrop of policy unpredictability and potential tax alterations. Recent data revealed that January’s issuance totaled approximately $35.243 billion across 486 different issues, marking a growth of 10.8% relative to the $31.817 billion from the same month
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In November 2023, White Lake Township faced a significant challenge when it was revealed that a cybersecurity breach had disrupted the conclusion of a $29 million bond sale. This unfortunate incident arose when a malicious actor gained unauthorized access to a township official’s email, subsequently impersonating that individual to issue fraudulent wiring instructions for the
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