Disaster Recovery Bonds Proposed 

The Council of Development Finance Agencies (CDFA) has recommended that Congress create a permanent category of tax-exempt private activity bonds, to be known as Disaster Recovery Bonds, which would support state and local government recovery efforts. The bonds would be similar to Gulf Opportunity Zone Bonds, Midwest Disaster Area Bonds, and Liberty Bonds.

Read the Full Wrap Here​

Don't Miss These Hot Topics Sessions!

This year’s BAW is set to kickoff in less than two weeks. With 30 timely and informative panel topics covering all aspects of municipal finance, we wanted to highlight two sessions that are sure to create a buzz during the Workshop.  

Year after year, the “Hot Topics in Municipal Securities Law” panel is a well attended session drawing tremendous interest from attendees. This year it features two officials from the Securities and Exchange Commission (SEC), Rebecca Olsen and Brian Fagel, who will share their insight and predictions on issues relating to municipal securities law. The panel will cover several issues including how proposed amendments (Rule15c2-12) and recently adopted regulations have affected the municipal securities market, recent enforcement activity and its broader implications for bond, disclosure and underwriter’s counsel and their clients. Additionally, it will also cover the current primary and continuing disclosure issues.

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SLGS Window to Reopen

The U.S. Department of the Treasury has announced that it will reopen the SLGS window effective Monday, September 11, 2017 at 12:00 Noon EST. The Treasury Department suspended sales of SLGS on March 15, 2017. 

The announcement is available here