Special Report
Government Finance Officers Association: Annual Conference
For continuing coverage of this conference, read the stories below.
Moody’s Plays Defense on Scale Delay
By Andrew Ackerman | Jul 01Issuer officials put a representative of Moody’s Investors Service on the defensive as they questioned the credibility of the three major rating agencies, which they faulted for delaying the “recalibration” of their municipal rating scales ...
IRS Tax-Exempt Bond Office Taking On New BAB Challenges
By Peter Schroeder | Jul 01SEATTLE - Processing applications and distributing payments to issuers that have sold Build America Bonds present a "significant challenge" for the Internal Revenue Service tax-exempt bond office, an official said here Sunday.
GFOA Shifts on Muni Disclosure
By Andrew Ackerman | Jun 30SEATTLE - In a conciliatory shift, government finance officials meeting here Saturday conceded that some improvements to municipal disclosures sought by an analysts' group may be warranted, though the finance officers insisted that the changes should be made only on a voluntary basis and not ... [Free]
Debt Panel Agrees to Draft Document on BAB Issuance
By Peter Schroeder | Jun 30SEATTLE - Members of the Government Finance Officers Association's governmental debt management committee decided unanimously Saturday to draft a document outlining what finance officials should consider when weighing whether or not to issue Build America Bonds.
Debt Panel OKs Statement on Regulating Muni Professionals
By Andrew Ackerman | Jun 30SEATTLE - The debt committee of the Government Finance Officers Association Saturday unanimously approved a policy statement on the regulation of municipal finance professionals as well as a revised best-practices document on the role of issuers' in the selection of underwriters' counsel.
Panel to Reclassify Recommended Practices
By Andrew Ackerman | Jun 30The Government Finance Officers Association's debt committee is planning by January to reclassify its approximately 30 "recommended practices" documents into two categories: best practices or advisory statements.
