IRS Gets Involved In Monitoring Municipal Bond Transactions Hot

 

The idea is to provide a public resource where issuers can flag potential problems over the life of a bond from issuance to maturity. The IRS has the goal of utilizing the team to initiate the project and then invite the Government Finance Officer’s Association debt committee and other groups involved in the municipal market to join in.

 

This indicates a higher level of scrutiny for municipal bond transactions and seems to be yet another area where regulation is broadening in the financial and investment industry.