Police Protection, Please, for Municipal Bonds

An New York Times opinion piece by Gretchen Morgenson focuses on the Securities and Exchange Commission and calls for more disclosure in the muni bond market, highlighting a Hamilton Project discussion paper by Andrew Ang and Rick Green as a promising path forward. In this paper, Ang calls for the establishment of CommonMuni, a not-for-profit, independent advisory firm that would provide individual municipalities and investors with sound financial advice, and gather and dispense information about the markets to increase transparency. Learn more here.