EVENT UPDATE Due to company restrictions on travel, plus mask and social distance mandates in Charlotte, we are changing the BDA Annual Conference to Webinar Only with nothing in-person. We regret this shift but commit to structuring an event featuring speakers and panels that add tangible value to your business. The agenda items will be broken up…
Author: Bond Dealers of America
Ways and Means to Debate Muni Provisions Today – MBFA Continues to Advocate for Key Priorities
This morning, the House Committee on Ways and Means will host a hearing to “mark-up” or debate and amend the tax portion of the budget reconciliation package. This weekend, Chairman Richard Neal (D-MA) released the text for the revenue provisions, and the draft included a plethora of muni provisions, including ALL BDA, MBFA, and state…
Event Recap – Fixed Income Leadership Webinar Series
Thursday, September 9 Corporate Market Structure, New Technologies, and Liquidity Providers The conversation focused on the evolution of electronic trading since the pandemic began, trading protocol usage, the role of non-bank liquidity providers, and what to watch in the coming year. Speakers Friday, September 10 Bond Market Regulation – 4210, G13, 15c2-11, Muni Advisor Rule,…
Brett Bolton selected as Muni Market Rising Star by the Bond Buyer
We’re happy to announce that Brett Bolton has been named a Muni Market Rising Star by the Bond Buyer and will be featured on a panel at the Bond Buyer’s Rising Stars Conference (webinar) on September 10. Brett leads the BDA’s municipal market Capital Hill advocacy while leading efforts by the Municipal Bonds for America Coalition and co-leading…
Performance Trust Capital Partners joins BDA
We are pleased to announce the BDA’s newest member firm – Performance Trust Capital Partners. Founded in 2008 by 14 firms, the BDA now represents over 100 firms headquartered nationwide and is the only DC-based association for dealers and banks active in the US bond markets. The addition of Performance Trust Capital Partners makes the…
Ways and Means to Begin Reconciliation Debate – Tax Draft Expected Next Week
House Ways and Means today announced that the Committee will mark-up, or work to finalize, the initial reconciliation draft beginning on Thursday of this week. The Committee will begin with major components of the Biden Build Back Better agenda, tackling issues such as paid leave, healthcare, and trade. While the tax title, the portion of…
Legislative Path Forward for Key Muni Legislation
Yesterday, the House advanced the $3.5 trillion budget reconciliation framework, a legislative vehicle to be used for additional infrastructure spending after weeks of back-and-forth between a small caucus of Democratic moderates and House Leadership. The group pushed for a vote on the Senate bipartisan infrastructure package before advancing the budget framework, however, conceded, pushing the…
House Returns to Debate Infrastructure Legislation – MBFA and BDA Continue to Advocate for Muni Priorities
Today, the House returns from August recess for a week-long session to debate budget reconciliation instructions and voting rights legislation. At this time, House leadership remains steadfast in their position that the Chamber will not debate the Senate bipartisan infrastructure package until the budget reconciliation package, which will serve as a vehicle for additional infrastructure…
House Expected to Return Early for Infrastructure Debate – MBFA Meets with Key House Office
Next week, the House is expected to return from August Recess early for a week-long session to debate multiple infrastructure packages’ processes and potential passage. This includes the Senate passed bipartisan 1 trillion dollar infrastructure package that includes $600 billion in new money and relies heavily on PAB financing. The Chamber also passed a budget reconciliation…
Bipartisan Infrastructure Package Sails Through Senate – House Expected to Delay Deliberations Until Fall
Today, by a margin of 69-30, the Senate passed the $1 trillion dollar infrastructure compromise, sending the legislation to the House for a late September debate. The bill includes nearly $600 billion in new funding and expands the usage of PABs, including: The Rural Broadband Financing Flexibility Act (S.1676) is the template for adding broadband as an…