Opportunity to Provide Feedback to MSRB on New-Issue Pricing Critical


On October 5th, the MSRB issued a Request for Comment on two draft compliance resources – one for Dealers and the other for Municipal Advisors – concerning New Issue Pricing (“RFC”). Comments are due by January 4th, 2022. The stated goal for the compliance resources is “to enhance understanding regarding the existing regulatory standards applicable to regulated entities’ supervision of conduct when pricing a new issuance of municipal securities.”

Municipal Issuers – Continuing Disclosure Management Sound Policies and Procedures Critical


While the SEC’s MCDC initiative concluded in 2016, its shadow continues to lurk over the municipal bond market.  For those issuers that have come to market since the SEC issued Cease and Desist Orders (“Orders”), you undoubtedly have experienced increased scrutiny of your material event and continuing disclosure filings.  The Orders and MCDC have [...]