Securities and Exchange Commission staff are in late stages of finalizing the municipal advisor definition and are considering concerns raised about the definition by state and local governments, the head of the SEC's Office of Municipal Securities told a group of state and local finance officials here Thursday.
Cross: SEC Staff Finalizing MA Definition for Commissioners' Review
FEB 7, 2013 5:19pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY