A Public Securities Association task force is looking to improve dissemination of municipal bond prices to individual investors. The move signals the ascendance of individual investors as the dominant buy-side force in the sluggish municipal bond market.
Individual investors began to emerge as key players in the municipal bond market after tax reform made munis a less attractive investment for commercial banks. Now, pending tax changes could similarly curb muni trading by insurance companies
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails