New Password Requirements Effective September 7, 2018

To meet our new security requirements, user passwords must now be at least 7 characters, including at least one letter and one number. If you are prompted to change your password, click the "Forgot password?" link and follow the instructions to update your password to meet the new requirements. Contact NABL's Database and IT Manager, Blake Grimm, if you need assistance.

NABL Releases Disaster Recovery Bond Financing Paper

NABL has released a summary of policy ideas for consideration by Congress as it relates to responses to major disasters. These suggestions are based on legislation previously adopted by Congress in response to 9/11, Hurricane Katrina, and the 2008 Midwest floods. As a follow up to the release of this paper, NABL has offered its assistance to the Congress of the United States, the United States Department of Treasury ("Treasury") and the Internal Revenue Service in considering the burdens and benefits of specific legislative proposals as a first step to creating comprehensive, permanent disaster recovery legislation.

You can find the document here.

NABL Releases 2018 Nominating Committee and By-Laws Amendment Reports

The 2018 Nominating Committee released the slate of officers and directors nominated for the 2018-2019 NABL Board of Directors. "One of the major challenges facing the Nominating Committee this year was how to select nominees from the long list of qualified candidates," said Committee Chair Clifford M. Gerber (Norton Rose Fulbright, US LLP, San Francisco, CA). At its July 26, 2018, meeting, the NABL Board of Directors approved several amendments to the Association’s by-laws including changes to reflect current organization and Board practices, as well as updated nomenclature throughout the document and a revision to the by-laws amendment approval process to be consistent with the Board nominating process. The full reports were emailed to the membership on Monday, August 27, and are available here.

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SEC Adopts 15c2-12 Rule Amendments

Acting without a meeting, the U.S. Securities and Exchange Commission (SEC) adopted the 2017 proposed amendments to Rule 15c2-12, largely in the form proposed in 2017 but with some narrowing of the scope of the new required event disclosures. The adopted amendments require continuing disclosure agreements entered into after the compliance date to include two new events for which notice must be provided within 10 business days of occurrence - The final rule is available here. The SEC press release is available here.