Great Recession Response
Response to SEC Release 34-64766 (On Business Standards for Swap Participants)
Comments submitted to the Securities and Exchange Commission (SEC) relating to Release No. 34-64766, Business Conduct Standards for Security-Based Swap Dealers and Major Security Based Swap Participants, dated June 29,…
Summary of Dodd-Frank Provisions Relating to Municipal Securities
A summary of provisions relating to municipal securities included in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. No. 111-205).
The Need to Extend ARRA Relief to States, Cities, Small Local Govs, and Nonprofits (July 2010)
Request for certain temporary municipal market provisions included in the American Recovery and Reinvestment Act (ARRA) of 2009 to be extended in future legislation.
Letter to Treasury on Measures to Alleviate Market Hardships to Issuers
Letter sent to the U.S. Department of Treasury and Internal Revenue Service (IRS) proposing various measures to alleviate hardships to the issuers of tax-exempt bonds in the wake of market…
Implications of Auction Rate Bond Market Turmoil
The recent turmoil in the public finance markets, particularly with respect to auction rate securities, has presented a number of new legal issues. These include questions pertaining to the federal…
Proposal to IRS on Auction Rate Conversions
Draft guidance document that addresses certain tax issues that may be implicated by conversion of the interest rate mode of certain state and local bonds from an auction rate mode…