A new take on MSRB Rule G-23

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…

Biden Infrastructure Plan–Big on Ideas, but Lacking on Financing and Funding Details

As we head into the heart of Election 2020, the doldrums of summer can provide an outlet for candidates of all ideologies to present their policy ideas, and in most years these proposals tend to fall on deaf ears as Americas far and wide are enjoying their summer vacations.  As you know, this year is…

More of the same from the SEC

by: Michael Decker July 8, 2020 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…