GFOA

Groups said regulation would not be helpful in encouraging more disclosure.

Groups say they're frustrated by the federal governments' inaction.

Analysts say closer to 100% of issuers should be disclosing COVID-19 impacts, when in actuality, that number is much lower.

Market participants say the year long process to find a new leader for the Municipal Securities Rulemaing Board resulted in a good pick.

Sources say lawmakers want to know why the Municipal Liquidity Facility has only been used by two issuers.

A Government Finance Officers Association-led working group put out recommendations this week on timely and pandemic-related disclosure.

Issuers say extending the deadline is helpful, but they still need more flexible funding such as the ability to use federal aid to replace lost revenue.

On Tuesday, the Federal Reserve reduced interest rates in its Municipal Liquidity Facility by 50 basis points in each credit rating category.

Changes to the MSRB come a year after the proposal of legislation that would decrease the size of the board and increase the cooling off period for public board members.

Several groups are arguing their case to keep their seats on a smaller board.

The online NGA meeting is the latest in a string of conferences that have been moved to the web this year because of the COVID-19 pandemic.

The House is expected to pass a $1.5 trillion dollar infrastructure package, mostly along party lines, while a bipartisan Senate bill to restore advance refunding may build momentum in that chamber.

Despite criticism, the Municipal Securities Rulemaking Board said the calculator will help track the timeliness of secondary market disclosures.

Exclusive coverage of the GFOA debt committee meetings and virtual panels conducted throughout May and June.

Municipalities tend to face challenges when calculating their net investment and capital asset calculations, accountants found.

A sticking point for dealers is the MSRB's proposal to reserve two seats on its board for municipal advisors.

The SEC has asked for more timely, voluntary disclosure from issuers of municipal bonds.

The Financial Stability Board issued a statement April 2 affirming that it is sticking with plans to transition away from Libor by the end of 2021.

Issuers say the Treasury's intent was to open up COVID-19 funds for public safety costs.

GASB has announced that the requirement for the use of GASB 87 standard for lease accounting has been pushed back to fiscal years beginning June 15, 2021.