Washington - Enforcement
Goldstone: Market to Face More Enforcement and Disclosure Issues This Year
Wednesday, February 27, 2013
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Municipal market participants face the prospect of more enforcement action this year while issuers will be pressured to step up disclosure efforts, industry experts said Tuesday, the final day of the National Municipal Bond Summit.

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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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