Welcome to the NFMA!

Join us in congratulating the new officers for 2018: Mary Francoeur, Chair, Scott Andreson, Vice Chair, Nicole Byrd, Treasurer, and Anne Ross, Secretary. To read the press release, click here.

Final days to register for the NFMA's Advanced Seminar on High Yield Bonds on January 25 & 26, 2018 at the Royal Palm South Beach in Miami Beach, Florida. To review the program, click here. To register, click here. To view the speakers for this seminar, click here.

The NFMA was pleased to release three separate papers in December:

The comment periods for the Local General Obligation RBP and the Statutory Liens White Paper closed in 2017; as such, the papers are in "final" form. The NFMA Disclosure Committee looks forward to comments related to the Water and Sewer RBP. Comments may be submitted to Lisa Good, NFMA Executive Director.

The NFMA's newsletter, the Municipal Analysts Bulletin, is posted.  To read the newsletter, click here: Vol. 27, No. 3.

Join us in congratulating Geoffrey Teal of San Diego State University's School of Public Affairs, recipient of the fourth annual Fugiel Scholarship!  To read the press release, click here.

The NFMA responded to the MSRB's Regulatory Notice 2017-19, Request for Comment on a Concept Proposal Regarding Amendments to Primary Offering Practices of Brokers, Dealers and Municipal Securities Dealers, on November 9, 2017. To read the NFMA comment, click here.

The NFMA  has a committee to review releases and new standards from the Governmental Accounting Standards Board. They have prepared a summary of changes related to GASB 87, New Governmental Lease Accounting Standards . To download this summary, click here.

The NFMA has responded to the Governmental Accounting Standards Board's Invitation to Comment: Proposed Statement No. 3-30, Certain Disclosures Related to Debt, Including Direct Borrowings and Direct Placements. To read the letter, click here.

Educational Programs

The NFMA holds an Annual Conference each spring. The conference provides members with the opportunity to hear presentations, to meet with members of other Constituent Societies of the NFMA, and to contribute their efforts to the overall advancement of the NFMA. At the conference, the NFMA presents awards to individuals and organizations for extraordinary contributions to municipal analysis. For a list of past award recipients, click HERE.

The NFMA also holds its Introduction to Municipal Bond Credit Analysis for new analysts each fall; the location for the past several years has been Philadelphia. Finally, Advanced Seminars cover in-depth current topics of importance to the industry for seasoned analysts, and are held in various locations around the country each fall and January.

Constituent Societies hold educational events for members. Many of these events are open to members of other societies within the NFMA, and are posted on the NFMA's Event Calendar.



Market Advocacy

The NFMA has been a strong advocate of improved disclosure in the municipal market since its inception. Throughout its history, the NFMA has issued recommended best practices, white papers, comment letters and position statements on relevant topics in the municipal market. To view NFMA papers, go to Resources.

Job Bank

The NFMA maintains a job bank for its members. Employers may submit job postings via this link: Job Bank Submissions