Appointed members of state and local governmental boards will likely be exempted from the Securities and Exchange Commission's final definition of municipal advisor, which is expected to be released early this year, the SEC chairman said Thursday.
MA Definition Likely to Except Appointed Government Board Members: Updated
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