Under Dodd-Frank Wall St Reform & Consumer Protection Act, muni advisors gained an increasingly impt role in overseeing financial & legal circumstances related to issuance of bonds i.e. taking care of all of the assets & finances during issuance process #munis #muniland MuniHub
After appointing a municipal advisor, bd issuers recruit a syndicate of legal pros to serve as bond counsel. The counsel works to verify the legal details of the issuance & ensure that the issuing agency is complying w/all applicable laws and regs #munis #muniland MuniHub
The Dow Jones Industrial Avg was born on July 3rd 1884 as the Customer's Afternoon Letter when Charles Dow & Edward Davis Jones began what would become their media empire, growing the avg & the newsletter into Dow Jones & The Wall Street Journal #munis #muniland MuniHub
Today in 1939 : Kate Smith records the patriotic song "God Bless America." It is still sung at some sports events and other celebrations in combination with the national anthem #muniland #munis MuniHub
Texas Sales Tax Introduced April 20, 1961: TX House Members approved a bill for a general retail sales tax of $2.00 on all sales in TX but all foods , medicines and Farm Machinery exempt #munis #muniland MuniHub
The NY Stock Exchange was born on May 17, 1792 w/ signing of the Buttonwood Agreement. The agrmt, which laid out trading rules & regs, was signed by 24 stock brokers underneath a buttonwood tree. The entire contract was only 2 sentences in length #MuniHub #munis #muniland
Memorial Day began as an event to honor Union soldiers who died during the Amer Civil War and was inspired by the way people in Southern states honored the dead. After WWW I, it was extended to include all men & women who died in any war/military action #muniland #munis MuniHub