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Why IRS Dropped its Challenge to Florida CDD Bonds

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Natalie Cohen, Managing Director at Wells Fargo Securities, talks with The Bond Buyer’s Chip Barnett about the global attractiveness of U.S. municipal bonds in a negative interest rate environment in Europe and Asia. She discusses market volatility after the U.K. Brexit vote, looking at both the market side and the effect on state and local governments and public pensions.

In the past 3½ years, the Securities and Exchange Commission has asserted its enforcement role considerably, in what can fairly be described as a form of direct regulation of issuers.

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