The Municipal Securities Rulemaking Board is proposing to create a new Rule G-47 that would codify current guidance on the obligations of dealers to disclose material information about municipal securities to customers at or before the time of purchase or sale.
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.
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