Municipal Securities Regulation and Enforcement: Mid-Year Review 2020 and Look Ahead

The first half of 2020 was marked by the outbreak of COVID-19, an infectious respiratory disease caused by a novel strain of coronavirus, which the World Health Organization declared a global pandemic. COVID-19 affected travel, commerce, the economy, and financial markets in the United States and globally. As a result, the municipal securities market scrambled to adapt to a rapidly changing landscape from financial, operating, and regulatory aspects.  

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