Environmental Credits and Environmental Credit Obligations
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Proposed Accounting Standards Update—Environmental Credits and Environmental Credit…
Summary
SIFMA wrote a letter to the Governor of Michigan and the Michigan Department of Treasury regarding the treatment of Detroit’s general obligation bonds. SIFMA urged the Governor and the Michigan Treasury Department to act deliberately and be aware that any actions that would impair Detroit’s outstanding municipal securities obligations could have potentially significant, negative municipal market implications, and could increase the cost of borrowing for all Michigan municipalities.
More Submissions
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Potential Modernization of Municipal Fund Securities Disclosure Obligations
SIFMA provided comments to the Municipal Securities Rulemaking Board (MSRB) in response to the Concept Release regarding its Potential Modernization…
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SIFMA AMG Recommendations on Private Markets Regulatory Reforms
SIFMA AMG provided comments to the U.S. Securities and Exchange Commission (SEC) regarding potential regulatory reforms to enhance retail access…