LOS ANGELES - With regulators coming down on disclosure practices among municipal issuers, industry experts at The Bond Buyer’s California Public Finance Conference discussed the importance of due diligence and how to comply with their obligations Friday.

“This is not a new requirement, this is something that’s been in existence for some time,” said Katie Koster, managing director at Piper Jaffray. “It’s just that the light is shining a little brighter both on the underwriters and their obligations, and also on the issuer.”

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