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Washington - Securities Law
Views Diverge on MSRB Plan for POS'
by: Jonathan Hemmerdinger
Monday, February 11, 2013
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Municipal market groups have mixed views about a Municipal Securities Rulemaking Board proposal to require underwriters to file preliminary official statements on the EMMA system.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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