New & Noteworthy
In Memoriam - Debra Sit
"The municipal market lost one of its best and brightest with the passing of Debbie Sit. Debbie was a portfolio manager and a consummate professional but more than that she was a friend to many in the municipal bond industry. You knew you’d like her from the get-go. She knew her stuff and her coverage knew it! She was tough when it came to doing the right thing for the clients she served. But her soft side emanated kindness. Her smile brightened any room she entered. She hired some great people over the years who remained loyal to her throughout her career. Throughout her 10-year battle with cancer, Debbie NEVER complained. She fought her illness with grace and dignity. She made every day count – every day mean something special to someone she touched. Her kindness and insight will be greatly missed by so many of us."
Click here for her obituary.
The NFMA has released the “Recommended Best Practices in Disclosure for Direct Purchase Bonds, Bank Loans, and Other Bank-Borrower Agreements” (Bank Loan RBP). The Bank Loan RBP is the product of a subcommittee of the NFMA Industry Practices & Procedures Committee, and can be found at this link: Bank Loan RBP Comments on the paper were taken through May 3, 2015. The Committee would like to thank all who submitted their comments.
The NFMA's Municipal Analysts Bulletin for June 2015 is posted under Publications, or can be viewed by clicking here: Vol.25, No. 2.
The NFMA Awards Committee presented six awards at its 32nd Annual Conference in Las Vegas on May 13, 2015. To read the press release, click here
The NFMA has released the draft "White Paper on the Disclosure of Potential Conflicts of Interest in Municipal Finance Transactions". The White Paper is a product of a subcommittee of the Disclosure Committee. Comments on the paper will be accepted through July 20, 2015. White Paper on the Disclosure of Potential Conflicts of Interest in Municipal Finance Transactions, Draft Dated April 20, 2015. Press release dated April 22, 2015
The NFMA's Municipal Analysts Bulletin for February 2015 is posted under Publications/Newsletters, or just click here:Vol. 25, No. 1 The newsletter includes the letter from this year's Chair, Jennifer Johnston, as well as committee and society reports. Catch up on what's happening at the NFMA - there's a lot going on!
The Board of Governors of the NFMA announced its new officers for 2015. Serving as the 32nd Chair of the NFMA will be Jennifer L. Johnston, Vice President/Research Analyst, Municipal Bond Department, Franklin Templeton Investments. Click here for the press release: New Officers for 2015
Join us in congratulating 2014 NFMA Chair, Susan Dushock, for being named a Trailblazing Woman in Public Finance by the Northeast Women in Public Finance. The award presentation took place at the Bond Buyer's Deal of the Year awards dinner in New York on December 4. Susan's interview can be found in the Bond Buyer special supplement: Link to Supplement
The NFMA's Municipal Analysts Bulletin, Vol. 24, No. 3 is posted. Click here, or go to Publications/Newsletters.
The NFMA is pleased to announce the first recipients of the scholarship honoring Peter Fugiel, past chair of the NFMA, who passed away earlier this year. Based on the high caliber of applications received, the NFMA has awarded two Fugiel Scholarships. The recipients are Eric Reese from the University of North Carolina MPA program and Scarlett Swerdlow from the University of Chicago's Harris School of Public Policy. Please click here to view the press release for the scholarship: Press Release. The educational program to which the scholarship applies - the NFMA Introduction to Municipal Bond Credit Analysis - takes place on Thursday and Friday this week in Philadelphia. In 1987, Peter Fugiel conceptualized and executed this program for the NFMA, and it has been offered annually since that time.
Upcoming Municipal Industry Events
- June 25, 2015 - BMAF Summer Golf Outing, Boston, MA
- July 20, 2015 - CMAS Meeting on Infrastructure, Chicago, IL
- July 23, 2015 - MSMA Summer Social, Fulton Brewery, Minneapolis, MN
- June 25th, 2015 – CMAS - Metropolitan Water Reclamation District of Greater Chicago Tour: Stickney Plant
August 7, 2015 - Brandeis International Business School and the Federal Reserve Bank of Boston are hosting the fourth annual Municipal Finance Conference in Boston. To register for the conference, click here.
- September 17 & 18, 2015, SMFS Public Finance & Environmental Sustainability Conference, UNC Environmental Finance Center, Chapel Hill, NC. Click here to view the program. Click here to register.
- October 15 & 16, 2015 – NFMA Advanced Seminar on Pension Obligations, Sheraton Nashville Downtown, Nashville, TN
- November 4-6, 2015 – CSMA Conference, Silverado Resort & Spa, Napa, CA.
- November 12 & 13, 2015 – NFMA Introduction to Municipal Bond Credit Analysis, Le Meridien, Philadelphia, PA
- January 14 & 15, 2016 – NFMA Advanced Seminar on Education, Arizona Biltmore, Phoenix, AZ
- May 10 – 13, 2016- NFMA 33rd Annual Conference, Westin Michigan Avenue, Chicago, IL
- May 16 – 19, 2017 NFMA 34th Annual Conference, Mandarin Oriental, Washington, DC
Submit your event here.