SIFMA wrote a letter to the Governor of Michigan and the Michigan Department of Treasury regarding the treatment of Detroit’s general obligation bonds. SIFMA urged the Governor and the Michigan Treasury Department to act deliberately and be aware that any actions that would impair Detroit’s outstanding municipal securities obligations could have potentially significant, negative municipal market implications, and could increase the cost of borrowing for all Michigan municipalities.
SIFMA, Alliance for Digital Innovation, American Bankers Association (ABA), American Public Power Association, Bank Policy Institute (BPI), Business Roundtable, Business…
Court: U.S. Supreme Court Amicus Issue: Whether Section 47(b) of the Investment Company Act of 1940 provides for a private…
SIFMA, American Bankers Association (ABA), America’s Credit Unions (ACU), Bank Policy Institute (BPI), and Consumer Bankers Association (CBA), provided comments…