View of the Grand Tetons from Jackson Lake Lodge in Wyoming where economists and central bankers from around the world convened August 24-26, 2023 for the annual Jackson Hole Economic Symposium. Source: Wikimedia Commons
View of the Grand Tetons from Jackson Lake Lodge in Wyoming where economists and central bankers from around the world convened August 24-26, 2023 for the annual Jackson Hole Economic Symposium. Source: Wikimedia Commons
  • News

While We Were Out

We took a break from the Wrap while Congress adjourned for August recess, but this month was nonetheless a busy one. Catch up quickly on updates from while we were…

  • Webinars

What’s the Risk? Considerations in Drafting Risk Factors Disclosures 

A discussion session on NABL’s newest report examining legal considerations pertaining to risk factors disclosure was held on August 23, 2023.

Event

What’s the Risk? Considerations in Drafting Risk Factors Disclosures 

Join the Securities Law and Disclosure Committee (SLDC) on August 23 for a discussion session on NABL’s newest report examining legal considerations pertaining to risk factors disclosure.

Market graphic imposed on US Treasury Building in Washington, D.C.
Market graphic imposed on US Treasury Building in Washington, D.C.
  • Issue Briefs

Understanding the Debt Ceiling

What are the debt ceiling and federal downgrades, and what do they mean for municipal bonds.

Rep. Patrick McHenry (R-NC) chairs a House Financial Services Committee meeting on July 12, 2023. Source: HFSC
Rep. Patrick McHenry (R-NC) chairs a House Financial Services Committee meeting on July 12, 2023. Source: HFSC
  • News

ESG Month in Washington

House Republicans have launched a month-long focus on Environmental, Social, and Governance (ESG) factors in financial markets. Here’s what we know.

  • Reports and Resources

Disclosing Risk Factors in Municipal Securities Offerings

Paper exploring legal and practical considerations in identifying and disclosing risk factors in offerings of municipal securities, and developing policies and procedures for disclosing such factors.

  • The Bond Lawyer

The Bond Lawyer – 2023

Vol 47 | No. 2

Historical Federal Register logo.
Historical Federal Register logo.
  • Comments
  • Seeking Volunteers

Input on Municipal Disclosure Guidance

NABL is again considering seeking additional guidance on municipal disclosure obligations and updates to the U.S. Securities and Exchange Commission’s (SEC’s) 1994 Interpretive Release.

Members of the 2023 NABL Board of Directors on the east steps of the U.S. Capitol Building in Washington, D.C. on May 18, 2023.
Members of the 2023 NABL Board of Directors on the east steps of the U.S. Capitol Building in Washington, D.C. on May 18, 2023.
  • News

NABL Goes to Washington

A recap of the Board of Director’s advocacy meetings in Washington, D.C. on May 17 – 19.

  • Webinars
  • CLE Eligible

Refunding and Reissuance, Real World Examples [The Essentials 2023]

Discussion of hypotheticals that involve the application of certain federal tax laws relating to refundings, including the repeal of tax-exempt advance refundings, as well as reissuance.

  • Webinars
  • CLE Eligible

Underwriting Behind the Scenes [The Essentials 2023]

Introduction to and discussion of the underwriting process, including all aspects of structuring the deal through taking the municipal bonds to market.

  • Webinars
  • CLE Eligible

The Role of the Issuer’s Counsel [The Essentials 2023]

Overview of the role of, responsibilities, and expectations imposed on issuer’s counsel in a municipal bond transaction.