Improving Financial Disclosure by State and Local Government Borrowers.
BDA Submits Comment Letter: Proposed Limited Safe Harbor from FINRA Debt Research Rules for Desk Commentary.
New MSRB Fee to be Assessed on Underwriters to 529 College Savings Plans.
INFRA Grant Program Encourages Use of P3s.
Fitch: Illinois Legislation Gives Chicago New Financing Tool.
MSRB Webinar: What to Expect from Your Municipal Advisor.
Assured Guaranty Corporation v. Madison County, Mississippi – In action by bond guarantor against county, Court of Appeals holds that plain language of Contribution Agreement entered into between county and special-purpose district conditioned county’s obligation to advance bond payments on district’s continued performance of its obligation to reimburse county for any such payments within a period of two years.
Tennessee Republican Party v. Securities and Exchange Commission – Court of Appeals upholds SEC rule limiting campaign activities of persons who advise city and state governments on issuing municipal securities.
And finally, we ran across this little event and thought to ourselves, “Hey, maybe our fine readers would like to spend a week in Cambridge (so lovely in January) attending a week-long public finance seminar at the Kennedy School of Government. Fun for the entire family!” All for the low, low price of WHAT?! Should I ever elect to shell out $8,500 for a week’s festivities, I’ll be expecting the, uh, perks that JFK himself would have required and which cannot be further enumerated in a family publication such as this. Happy Birthday, Mr. President indeed.

Bond Case Briefs