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
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails