• The Bond Lawyer

The Bond Lawyer – Vol. 49 | No. 1

NABL’s Scholarly Journal providing expert commentary and analysis of recent developments in municipal bond law and public finance.

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Editor’s Notes

Welcome to Volume 49 No. 1 of The Bond Lawyer.

In this edition, Tony Martini provides commentary on the new administration’s approach to government efficiency and reviews the recent (but very few) developments in federal tax matters, including the final reissuance regulations. In homage to the Fourth Installment of the Municipal Securities Retrospective in this issue, Drew Kintzinger’s securities law column will return in the next issue.

In the fourth installment of our Municipal Securities Retrospective, Paul Maco, Drew Kintzinger, and Rick Weber provide an in-depth discussion of the 1994 SEC interpretive release and the initial amendments to Rule 15c2-12 requiring contractual continuing disclosure for issuers of municipal securities to support secondary market transactions.  This installment also includes the evolution of today’s Electronic Municipal Market Access System (EMMA), the municipal counterpart to EDGAR.  The fascinating background for the ultimate publication of the interpretive release and initial amendments provides valuable context to our practice today.  This installment also catalogues and underscores the importance of industry-wide participation in the regulatory process. 

And now, enjoy the rest of this edition of The Bond Lawyer.

Alexandra M. MacLennan

Squire Patton Boggs (US) LLP
Tampa, FL

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  • The Bond Lawyer

The Bond Lawyer – Vol. 49 | No. 1

NABL’s Scholarly Journal providing expert commentary and analysis of recent developments in municipal bond law and public finance.

U.S. Capitol Building in Washington DC in front of a NABL pattern.
U.S. Capitol Building in Washington DC in front of a NABL pattern.
  • News

Tracking Tax Reform in 2025

Congress is focused on addressing the pending expirations of the Tax Cuts and Jobs Act (TCJA) prior to the end of this calendar year. Here’s where things stand and what…

Image of hearing room sign outside of the U.S. Senate Committee on Appropriations.
Image of hearing room sign outside of the U.S. Senate Committee on Appropriations.
  • News

FY2025 Appropriations

We are tracking the status of FY2025 appropriations, where things stand, and what it all means for bond lawyers.

  • News

Trump Admin Memo on Pausing Federal Funds

The Office of Management and Budget (OMB) recently released a memo instructing federal agencies to review existing federal financial assistance programs and temporarily pause certain funds.

Washington DC at Sunrise
Washington DC at Sunrise
  • News

119th Congress Begins

The new Congress has begun with a long agenda on tap. Here’s what we know coming out of the gate.

Secretary of the U.S. Department of Treasury Janet Yellen
Secretary of the U.S. Department of Treasury Janet Yellen
  • News

New Year; New Debt Ceiling

What the latest debt limit approach means for municipal market and its stakeholders.

  • Member Spotlight

Christen Triche

A recent graduate from the Paul M. Hebert Law Center at Louisiana State University (LSU) and an attorney in Fishman Haygood LLP’s Business Section.

  • The Bond Lawyer

The Bond Lawyer – Vol. 48 | No. 4

NABL’s Scholarly Journal providing expert commentary and analysis of recent developments in municipal bond law and public finance.

  • News

Plan Ahead for 2025: Key NABL Events You Can’t Miss

As we look forward to 2025, the National Association of Bond Lawyers (NABL) has an exciting lineup of events that promise to offer valuable insights, networking opportunities, and professional development…

View up Pennsylvania Avenue in Washington, D.C. facing the U.S. Capitol Building with 2024, 2025, and 2026 superimposed over the image.
View up Pennsylvania Avenue in Washington, D.C. facing the U.S. Capitol Building with 2024, 2025, and 2026 superimposed over the image.
  • News

Preparing for the 119th Congress

What can and should municipal market participants do today to help prepare for tax reform next year?

  • Member Spotlight

Edwin G. Oswald

Orrick, Herrington & Sutcliffe LLP in Washington, DC

U.S. Capitol Building at night.
U.S. Capitol Building at night.
  • News

Recapping the Elections 2024

Elections and the municipal bond market. Who won, what do we know, and why does it matter?