Commentary: Regulation of MAs: Bring it On

Commentary: How to Apply Leveraged-Loan Guidance to Public Entities

Commentary: The Municipal Bankruptcy Crisis — Lessons from Detroit

Commentary: BDA, Broker Dealers Have Constructively Engaged on MA Rule

Commentary: Puerto Rico's Debt Mess May Spur Solutions for High-Risk Territories

Commentary: July 1 - A Date for the Muni Market History Books

Commentary: Exemptions May Ease Pain of Advisor Rule

Commentary: Federal Funding for Water Projects Expected to Flow

Commentary: Pseudo-Pension Reforms Under Consideration Once Again in Pennsylvania

Commentary: Expediency Overcomes Sustainability in Illinois, New Jersey

Commentary: Bond Insurance is Making a (Modest) Comeback

The New Disclosure Program and What it Means for Issuers

Commentary: Puerto Rico's Billionaires Strategy

Commentary: Getting Back to the Future - Build America Bonds 2.0

Commentary: Pricing 5% Bonds with Shorter Calls

Commentary: N.Y. State Budget Omits P3s and Design-Build Procurement

Commentary: Shaky Puerto Rico Needs a New Renaissance of Sorts

Pension Disclosure Can Curb the 'Giant Financial Tapeworm'

Commentary: SEC OKs Incorporation of Requirements in Suitability Ruling

Commentary: 2014 Regs in the Muni Securities Market: What's in Store?

Commentary: A Wrong-Headed Approach to Addressing the Nation's Infrastructure Needs

Commentary: California's Drought Poses Threat to State Finances

Commentary: Time of Trade Disclosure: Why a New Rule, Why the Delay?

Commentary: SEC Uses Muscle to Push New Secondary Market Disclosure

Commentary: The Critical First and Last Steps in a Municipal Workout

Commentary: Can Washington Prevent the Next Detroit?

Commentary: How Take a Tax Loss and Then Profit From Obamacare

Commentary: MA Rule May Help Rectify Blurred Lines

Commentary: Some Thoughts on Puerto Rico and Other Distressed Issuers

Commentary: Puerto Rico Bonds' October Rebound Reveals Cross-Currents

Commentary: Betting on Puerto Rico?

Commentary: Advice to a Rating Agency

Commentary: An SEC First — A Fine for a Muni Issuer

Commentary: The Role of Issuer's Counsel in a Municipal Bond Offering

Commentary: Long-Awaited Municipal Advisor Regulation Should Not Restrict Issuers

Commentary: NAIPFA Salutes the SEC's Final Series of Muni Advisor Rules

Commentary: Unbuilding America and Breaking Its Bonds

Commentary: A Role for Lenders in a Municipal Financial Recovery

Commentary: Caution Muni Market: Fed's Inaction Means Volatility Ahead

Dissecting Puerto Rico Bonds' Summer Swoon

Commentary: Restoring Investor Confidence and Reducing Borrowing Costs Through Greater Transparency

Advance Refunding: A Misguided View from the Ivory Tower

Commentary: SEC Enforcement Shifts Focus to Muni Issuers in 2013

Commentary: Market Reaction to Detroit Bankruptcy Filing

Commentary: Valuing Advance Refundings

Commentary: Why Detroit Could Have Avoided Bankruptcy

Commentary — General Obligation Debt: The Good, the Bad and the Ugly


As banks make more loans to lower-rated municipalities, they may have to follow Interagency Guidance on Leveraged Lending that was developed with private and corporate borrowers in mind.

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