- Ed. Note: Firms across the country have been posting state-specific summaries of Covid-19 rules and regs. As these are too voluminous for individual inclusion here, please visit this site and search for your jurisdiction.
- SEC Provides Additional Temporary Regulatory Relief and Assistance to Market Participants Affected by Covid-19.
- Fitch Ratings Updates Public Sector, Revenue-Supported Entities Rating Criteria
- NABL Asks IRS to Help with TEFRA, Debt Repurchase Problems: Squire Patton Boggs
- NABL Pushing for Municipal Bond Relief Measures in Response to COVID-19: McNeese
- Muni Market Gets Support from Fed as Part of Wide Effort to Curb Virus Fallout, Self-Regulator Warns to Review Compliance.
- Federal Reserve Considering Additional Support for State, Local Government Finance.
- Senate Stimulus Takes Steps to Add Liquidity to Municipal Market.
- The Fed Enters the Municipal Bond Market to Lend Cities a Hand, but Will It Be Enough?
- CARES Act: Municipalities – Miller Canfield
- Webinar: Rating Agencies Speak on COVID-19
- And finally, Swimming With Salmon is brought to us this week by County of Cedar v. Thelen, in which a rancher had the genius idea of expanding his pasture land by “erecting electric fence within ditch right-of-way along county road.” The rancher had “erected the same type of fence in the same location at least seven times” and had already been convicted of three misdemeanors by the time the Supreme Court of Nebraska was called into action. One might think that multiple criminal convictions would serve as a deterrent. One would be wrong, as rancher “has indicated that he will continue to disregard notices in the future because the fine is only $25.00, indicating cheap pasture rent.” But – having discovered this magic loophole – why stop there? Aquaculture in the county pool! Drop the kids off for daycare at the county jail! The possibilities are delightfully endless.
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