Brian Pearce of Wells Fargo Advisors and Bill Daly, Senior VP for Government Relations participated on behalf of BDA in the MSRB’s annual Roundtable on January 14, 2011. The Roundtable included representatives of issuers (the Government Finance Officers Association, the National Association of State Treasurers, the National Association of State Auditors Comptrollers and Treasurers and…
Author: Bond Dealers of America
MSRB Notice 2011-04: Request for Comment on Pay to Play Rule for Municipal Advisors
The Municipal Securities Rulemaking Board (“MSRB”) is requesting comment on a draft proposal to establish “pay to play” and related rules relating to municipal advisors and to make certain conforming changes to existing pay to play rules for brokers, dealers, and municipal securities dealers (“dealers”). Specifically, the draft proposal consists of (i) draft MSRB Rule…
The White House's National Commission on Fiscal Responsibility and Reform, "The Moment of Truth" has recommended the elimination of the municipal bond tax-exemption.
Read Full Report Here
BDA Sends Comment Letter to SEC Study Regarding Obligations of Brokers, Dealers, and Investment Advisers
View Letter Here
BDA hosts a webinar with MSRB Executive Director Lynnette Hotchkiss
View Webinar Summary Here
BDA hosts a webinar on fiduciary standards in Dodd-Frank
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BDA overview of Dodd-Frank
View Summary Here
BDA urges Senate to pass bond provisions
Read Letter Here
BDA thanks House for including bond provisions
Read Letter Here
BDA announces bill to extend bond provisions
The Chairman of the House Ways and Means Committee, Sander Levin (D-MI) and the Chairman of the Senate Finance Committee, Max Baucus (D-MT) will introduce today the American Jobs and Closing Tax Loopholes Act. The bill will include a 1 year extension of the ARRA Bank-Qualified provisions, a 2 year extension of Direct Payment BABs…