Municipal disclosure

Harvey began posting financial and bond delinquency notices this year as it tries to overcome its deep fiscal strains and past mismanagement that drew regulatory and bondholder ire.

Recommending Libor-linked securities triggers important disclosure and fiduciary obligations.

The Municipal Securities Rulemaking Board is seeking comment on environmental, social and governance factors practices in the municipal securities market.

The consequences of climate change for this island state are broadly evident. So is its official response.

Avoiding even the appearance of representing conflicting interests is important for attorneys and municipal advisors alike.

The Commission’s enforcement results highlight the importance of proper disclosure.

SEC Chairman Gary Gensler focused much of his comments during SIFMA’s Annual Meeting on why he considers himself to be just getting the ball rolling on climate disclosures.

Green bonds and ESG are making it difficult for muni issuers to understand what to disclose and when.

“That's a big loss to me personally and to the commission,” SEC Commissioner Hester Peirce said Wednesday.

Environmental, social and governance factors are gaining importance in the muni industry.