Category Archives: Bonds and Notes

R.I.P. Build America Bonds

by Matthew D. Jessup on December 17, 2010

Last night, the House of Representatives followed the earlier action of the Senate and approved significant tax legislation that, among other things, failed to include an extension of the Build America Bond (BAB) Program. The BAB Program automatically expires on December 31, 2010, and tax legislation was the last chance for a stay of execution. […]

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Material Changes to Material Events

by Matthew D. Jessup on June 1, 2010

The Securities and Exchange Commission has adopted amendments to Rule 15c2-12 that impact all issuers of municipal bonds and notes.  The amendments to the secondary market disclosure rule apply to all bonds and notes issued on or after December 1, 2010.  However, given that issuers adopt a bond or form and sale resolution weeks or […]

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