Nat Singer recently compared chairing the Municipal Securities Rulemaking Board to running a relay race. He said his leg of the race is to work with the board to move forward with rules such as those on municipal advisor core conduct and dealer disclosure of markups on principal trades and then hand the work off to the next chairman and board.
Municipal volume is forecast to surge to $8.74 billion in the coming week led by deals of roughly $2 billion apiece from the Port Authority of New York and New Jersey and Chicagos OHare International Airport.
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