Municipal Bond News

May 27 – June 3, 2011 Municipal Bond and Tax Free Mutual Funds News

municipal bonds

This week (May 27 – June 3, 2011) saw more of news about the US government’s deficit battles. A quiet week ahead of the Memorial Day holiday. This may be a good time to adjust your asset allocation. The Week’s municipal bond news included:

  • MSRB ADOPTS DEALER ROLE-SWITCHING PROHIBITION TO ELIMINATE CONFLICT OF INTEREST IN MUNICIPAL SECURITIES UNDERWRITING – The msrb finally addressed a conflict of interest problem, where municipal securities dealers could act as a financial advisor on a new bond issue and underwrite it. (
  • Wisconsin Issuer Roils Muni Field – Conduit financing is one area that we avoid. Wisconsin is willing to help issue municipal bonds for other areas of the US, which could not get them issued themselves. Scary. (

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