WASHINGTON A trend towards more detailed regulation of muni markets by the Municipal Securities Rulemaking Board could have negative, long-term consequences on market participants, the Securities Industry and Financial Markets Association warned the board in a recent letter.
SIFMA Warns MSRB About Too-Detailed, Redundant Rules
A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY