Industry Roundtable

Lisa Washburn, Jessica Kane, Michael Decker, Ritta McLaughlin, Bill Daly and J. Ben Watkins

Municipal Finance Journal, 2017, vol. 37, issue 4, 39 - 56

Abstract: Industry representatives discuss “what is next” on the municipal disclosure horizon. Although progress has been made as a result of the implementation of Rule 15c2-12 (and its amendments) and the launch of EMMA, the SEC’s MCDC initiative and industry studies demonstrate that further enhancements are needed to improve investor access to complete, timely, and understandable disclosures. The authors consider the following questions: What do municipal analysts think about the state of municipal disclosure? What, if any, of the SEC’s legislative and regulatory recommendations from its 2012 “Report on the Municipal Securities Market” are likely to be implemented? What efforts are market participants undertaking to proactively improve the disclosure landscape? And what factors constrain progress?

Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.1086/MFJ37040039 (application/pdf)
http://dx.doi.org/10.1086/MFJ37040039 (text/html)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:munifj:doi:10.1086/mfj37040039

Access Statistics for this article

More articles in Municipal Finance Journal from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().