Search by...
- Keyword
- Title
- Author
- Subject
- Publisher
Results should have...
- All of these words
- Any of these words
- This exact phrase
- None of these words
Keyword searches may also use the operators
AND, OR, NOT, “ ”, ( )
AND, OR, NOT, “ ”, ( )
GFOA Rebuffs SEC Bid to Oversee Accounting Standards and Mandate Disclosures for Issuers of Municipal Debt
Beginning of article
The GFOA and other state and local government associations vigorously oppose any unnecessary federal regulation.
The GFOA will vigorously oppose a drive by the securities and Exchange Commission (sec) to obtain a mandate from Congress to regulate issuers of tax-exempt bonds and the Governmental Accounting Standards Board (GASB).
In a July speech, the sec's chair, former Congressman Christopher Cox, outlined his vision of a significantly expanded role for the sec in accounting standards and disclosure for state and local governments that issue debt. He asserts that an expansion in the sec's role is needed to protect investors in the $2.4 trillion municipal securities …
