The COVID-19 pandemic has caused significant volatility in the U.S. financial markets, and the municipal markets are no exception. The pandemic has further spurred a series of securities and tax law changes affecting municipal underwriters, issuers, and other transaction participants.
Through KAV’s COVID-19 Resources Portal, we will continually chronicle regulatory and tax law developments as this dangerous virus continues to spread. We will provide concise summaries and, where relevant, practical guidance to help issuers, underwriters, municipal advisors, trustees, lending institutions and purchasers of municipal debt weather this storm.
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