
Sarah Wynn covers securities and infrastructure for the Washington bureau.
Sarah Wynn covers securities and infrastructure for the Washington bureau.
Bond lawyers asked for a safe harbor for issuers to provide unaudited information without needing to be fearful of anti-fraud laws.
Bond lawyers pushed for information from the SEC's top muni official Thursday.
If blockchain becomes a force in the muni market, it could take on some of the duties done by middlemen, thereby cutting costs for issuers.
Some issuers were concerned about precedents they would be setting and questions underwriters could have regarding compliance with the amended rule.
DeFazio, who chairs the House Transportation Committee, said he has also recommended the White House examine a new form of infrastructure bonding.
The new guidance cleared up social media advertising restrictions and interactive content.
Michael Decker has been managing director and co-head of municipal securities at SIFMA since October 2009.
Public pension funds are increasingly attracted to infrastructure investment.
The groups plan to address advertising, defining duties for non-solicitor muni advisors and test prepping during the program.
The Trump administration's decision to strip funds from the California high-speed rail project may lead to a dangerously politicized approach to financing infrastructure.