Overview
The Bond Buyer quoted Micah Green in a December 26 article titled ''On the Regulatory Front, All Eyes Are on Disclosure in 2019.'' The article discusses how the municipal market faces a year of adjustment as regulators slow the pace of new rulemaking and focus on enforcement, with an emphasis on continuing disclosure. According to the article, there's no clear securities law agenda on Capitol Hill heading into the new year, when Democrats will assume control of the House of Representatives. But lawmakers could take action if some kind of problematic situation were to arise in the market.
Green says: ''If there are situations in the marketplace, I think you're going to have congressional oversight. I don't think the municipal bond issues are necessarily at all partisan. I think you're going to have continued bipartisan attention.''
The full article can be read at The Bond Buyer (subscription required).