December 7, 2016
NAST continues to support the development of Electronic Municipal Market Access (EMMA). Transparency and timely disclosure of relevant information in the municipal securities market is in the best interest of all participants. NAST is constantly working with other organizations and associations to better define what financial, operating and other information is relevant and useful to the market recognizing the significant differences of issuers by size, sector and frequency of issuance. We understand that the Government Finance Officers Association (GFOA) has submitted its own comments regarding the MSRB’s Strategic Priorities document. In working with GFOA, we have decided to make some similar suggestions for EMMA improvement.
Story Excerpt: The National Association of State Treasurers recently outlined some legislative priorities that would broaden ABLE accounts’ reach..