illustration of cars and trucks on roads

If you’ve ever driven on a road, traversed a bridge, or attended a public school, chances are you’ve seen the municipal securities market at work. This multi-trillion dollar market is an important part of the economy and our communities.

The SEC’s Office of Municipal Securities (OMS) hosted its inaugural conference focused on municipal securities disclosure at its Washington, DC, headquarters. The conference, titled The Road Ahead: Municipal Securities Disclosure in an Evolving Market, brought together municipal securities market participants and regulators to discuss important developments, current trends in disclosure, and potential opportunities for regulatory and industry improvement.

The all-day conference kicked off with remarks from SEC Chairman Jay Clayton and OMS Director Rebecca Olsen and included panel discussions on topics such as lessons from enforcement actions and developments in disclosure technology and remarks from Commissioner Stein. The day concluded with a roundtable discussion with Commissioners Jackson, Peirce, and Roisman. As Chairman Clayton noted in his opening remarks, “It is difficult to overstate the importance of this market to our Main Street investors and our state and local governments and national infrastructure.”

The SEC thanks conference participants and attendees for their commitment to protecting investors and facilitating a vibrant and transparent market to help fund our nation’s infrastructure and municipal projects.

Rebecca Olsen, Director, Office of Municipal Securities, welcomes participants to the inaugural Municipal Securities Disclosure Conference.

Rebecca Olsen, Director, Office of Municipal Securities, welcomes participants to Municipal Securities Disclosure Conference.

LeeAnn Gaunt, Chief, Public Finance Abuse Unit, Division of Enforcement, moderates a panel discussion about recent enforcement actions related to municipal securities disclosure.

LeeAnn Gaunt, Chief, Public Finance Abuse Unit, Division of Enforcement, moderates a panel discussion about recent enforcement actions related to municipal securities disclosure.