IDEAS home Printed from https://ideas.repec.org/a/ucp/munifj/doi10.1086-mfj37030061.html
   My bibliography  Save this article

Municipal Advisors: New Standards and Responsibilities

Author

Listed:
  • Susan Gaffney
  • Dave Sanchez
  • David Leifer
  • Terry L. Maas

Abstract

This article addresses the impact of the Dodd-Frank Act and subsequent rulemaking by the MSRB, including Rule G-42 (Duties of Non-Solicitor Municipal Advisors), on the relationship between issuers and their municipal advisors. It discusses how the access to municipal advice has changed and how new rules and regulations have affected the financing process, solicitation for services, and communication between issuers and their municipal advisors and other professionals. It also considers how issuers can best navigate and manage their municipal advisors and discusses the role and limitations of a municipal advisor in bank loans as one example of where we have yet to see how all of this rulemaking will play out in the diverse municipal marketplace.

Suggested Citation

  • Susan Gaffney & Dave Sanchez & David Leifer & Terry L. Maas, 2016. "Municipal Advisors: New Standards and Responsibilities," Municipal Finance Journal, University of Chicago Press, vol. 37(3), pages 61-86.
    • Handle: RePEc:ucp:munifj:doi:10.1086/mfj37030061
    DOI: 10.1086/MFJ37030061
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1086/MFJ37030061
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: http://dx.doi.org/10.1086/MFJ37030061
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: https://libkey.io/10.1086/MFJ37030061?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucp:munifj:doi:10.1086/mfj37030061. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journals Division (email available below). General contact details of provider: https://www.journals.uchicago.edu/MFJ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.