Strong Enterprise Risk Management Important for Municipalities

Major flooding issues this past spring and summer in multiple communities throughout the region, in addition to the “oil boom” in western ND and eastern Montana, shed light on why a strong enterprise risk management (ERM) framework for a municipality can be very beneficial. What is “ERM”? ERM, in short order, puts into operation, the … Read moreStrong Enterprise Risk Management Important for Municipalities

G-23 Rules Goes Into Effect

A major adjustment to a federal rule aims to ensure bond issuers have access to the most competitive bond structure.  Until now, financial advisors could serve double duty as underwriters on the same bonding issue.  The Municipal Securities Rulemaking Board (MSRB) Rule G-23 went into effect in late November.  The change prohibits municipal securities dealers … Read moreG-23 Rules Goes Into Effect