Rule G-23: There were a lot of great papers presented at the ninth annual Brookings Municipal Finance Conference that concluded yesterday. Two in particular stood out for me due to their implications for current regulatory issues. MSRB Rule G-23 has been controversial since the MSRB rewrote the rule in 2011. Before that time, Rule G-23…
Author: Michael Decker
More of the same from the SEC
SEC and MSRB staff yesterday held a webinar to walk through the details of the unprecedented Temporary Conditional Exemption the Commission released on June 16. It’s always good to hear from the regulators, and their comments will help those who use the TCE to properly comply with its terms. However, the TCE overall is misguided policy, and staff gave…