Municipal Securities Regulation and Enforcement: 2021 in Review and a Look Ahead at 2022
The municipal securities market carried its momentum from the first half of 2021 into a strong finish for the year against the backdrop of continued regulatory and enforcement actions. Despite new variants of COVID-19 emerging, which continue to impact travel, commerce, and the economy, the municipal market continued its strong upward trajectory, spurred by continued low interest rates and the anticipated injection of federal funds to state and local issuers as part of the Infrastructure Investment and Jobs Act.
Our newsletter summarizes enforcement actions, Municipal Securities Rulemaking Board actions, and other MSRE developments for 2021 and looks ahead at 2022.
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