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The National Federation of Municipal Analysts has consistently called for steps to reduce investors' reliance on stale financial information.
December 16 -
The SEC chairman’s comments are consistent with his record, which has included repeated calls for the MSRB to take steps to be sure investors are aware that issuer financials filed to EMMA can often be many months old.
December 10 -
The proposal would impact the private placement business and may require amendments of MSRB rules.
December 10 -
In 2012 John Cross became the first person to head the independent Office of Municipal Securities at the U.S. Securities and Exchange Commission.
November 22 -
Securities and Exchange Commission Chair Jay Clayton seemed noncommittal on a proposed exemptive order for municipal advisors.
November 19 -
Though enforcement cases slightly decreased this past year, lawyers say the Securities and Exchange Commission is just as aggressive as ever.
November 15 -
Cross, who served as associate tax legislative counsel at the Office of Tax Policy until Friday, said that he resigned in order to be closer to family.
November 13 -
If the proposal is approved, the timing of issuers' annual financial disclosures would be prominently displayed as soon as the beginning of 2020.
November 13 -
Data on default rates shows that while there has been improvement in consistency between corporate and muni ratings, there is still work to be done.
November 8 -
At an SEC Fixed Income Market Structure Committee meeting on Monday, participants suggested giving out awards to incentivize issuers to submit timely financial information.
November 4