Leslie Norwood, SIFMA's co-head of municipal securities, said the group released a best-practice paper, recommending disclosure of an issuer's role in selecting firms to serve as counsel to underwriters, after hearing concerns from the underwriting community. SIFMA is aiming to start a dialogue with its recommendation, Norwood said. "We feel this best-practice recommendation will at least start a conversation with the issuer clients," she said. Read SIFMA's best-practices recommendation.
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