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NFMA Submits Comment Letter to MSRB on COVID-19 Credit-Related Material Event Notices

To review the letter, click here.

NFMA Submits Comment on Draft Amendments to MSRB Rule A-3

On April 29, 2020, the NFMA submitted a comment letter to the MSRB on Draft Amendments to Rule A-3: Membership on the Board. To view the comment letter, click here

NFMA Comments to GASB on Postponement of the Effective Dates of Certain Authoritative Guidance

To view the comment letter submitted to GASB, click here.

NFMA Supports Legislation to Stabilize the Municipal Market

The NFMA strongly supports the Municipal Bonds Emergency Relief Act, and other legislation targeted at stabilizing the municipal market through an expansion of the Federal Reserve’s ability to purchase all municipal securities. The municipal market provides the primary source of the capital that will be needed by entities on the frontline responding to the COVID-19 crisis, including but not limited to states, local governments, and hospitals.  “The unprecedented volatility in the market has limited access and driven up the cost of funds for municipal issuers at the most critical time in memory,” said Lisa Washburn, Industry & Media Liaison for the NFMA, “We thank Senator Menendez and other members of Congress that are working to address the current market conditions.” To download the press release, click here.

NFMA Newsletter

The NFMA publishes newsletters for its membership. Officers of NFMA and constituent societies report on activities, and committee chairs report on the status of their initiatives. To view the current newsletter, 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