White-collar criminal defense firm Stillman & Friedman PC has joined with national law firm Ballard Spahr LLP in a partnership to help clients navigate the municipal bond market, the firms announced Monday.

“We’re in an era of increased regulation,” William Rhodes, chair of Ballard Spahr’s public finance department, said in an interview. “The Securities and Exchange Commission has asked for greater regulations and the Municipal Securities Rulemaking Board has certainly been busy drafting rules required by Dodd-Frank to help clean up perceived weaknesses in the market.”

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