NFMA Replies to GFOA Critics on Recommended Best Practices

Lian, Gerry
June 2004
Bond Buyer;6/21/2004, Vol. 348 Issue 31909, p7
Trade Publication
Responds to the commentary of the Government Finance Officers Association (GFOA) of the United States concerning certain initiatives of the National Federation of Municipal Analysts (NFMA). Dissatisfaction of the GFOA with the NFMA Recommended Best Practice (RBP) documents; Public comment period for the RBP documents; Duty of analysts to probe all relevant information in order to evaluate credit risk; Content of disclosure in the municipal bond market.


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