NABL Announces 2018 Award Recipients 

The National Association of Bond Lawyers is pleased to announce three recipients of NABL’s prestigious awards. The Bernard P. Friel Medal recognizes distinguished service in the field of public finance. The 2018 Friel Medal will be posthumously awarded to two leaders in the public finance world,  James A. Lebenthal and Lewis Horne. The Frederick O. Kiel Distinguished Service Award recognizes extraordinary service to NABL over an extended period of time. The 2018 Kiel Award will be presented to Virginia (GiGi) Benjamin of Calfee, Halter & Griswold LLP.  “GiGi Benjamin has made countless contributions to NABL during her career.

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The Role of a Municipal Advisor Sessions at BAW

In recent years, municipal advisors have become more prominent participants in bond issuances and the subject of new regulations which also impact the bond issuance activities of bond attorneys. Understanding the Role of the Municipal Advisor, the Introductory Session: Regulatory Framework” (Thursday 9/27, 9:30 am -10:45am), featuring Panel Chair Glenn Weinstein, Pugh, Jones & Johnson, P.C. (Chicago, IL), along with panelists, Steve Apfelbacher, Ehlers, Inc. (Roseville, MN), Edward Fierro, Bracewell LLP (Houston, TX), and Jill Jaworski, Public Financial Management, Inc. (Chicago, IL), will explore that regulatory framework from the perspective of attorneys in their roles of bond, underwriter’s and disclosure counsel. Join NABL and be a part of these discussions at the Fairmont Chicago on September 26-28, 2018 by registering for BAW today.

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Senate Finance Committee Approves IRS Nominee

On July 19th, the Senate Finance Committee advanced the nomination of Charles Rettig to be IRS Commissioner. The nomination was approved by a party-line vote of 14-13. The next step in the confirmation process will be a vote of the full Senate.

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MSRB Requests Comment on Draft Amendments


The Municipal Securities Rulemaking Board (MSRB) published MSRB Notice 2018-15, requesting comment on draft amendments to MSRB Rule G-11, on primary offering practices, and MSRB Rule G-32, on disclosures in connection with primary offerings. The proposed amendments to MSRB Rule G-11 include requiring senior syndicate managers to provide specific information to issuers, and the proposed amendments to MSRB Rule G-32 include collecting additional information on Form G-32 to support market transparency efforts.

Comments must be submitted no later than September 17, 2018 and may be submitted online or in paper form. The notice is available here