A Quote by John Kennedy

In theory, the MSRB is supposed to protect the public interest, investors, and state and local governments. In practice, the MSRB membership structure is more shaded toward protecting the financial professionals who broker the deals.

John Kennedy

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Broker Deals Financial Governments Interest Investors Local Local Government Local Governments Membership More Practice Professionals Protect Protecting Public Public Interest State Structure Supposed Theory Toward

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John Kennedy
American - Lawyer
Born: November 21, 1951

I filed the MSRB Reform Act, along with Sens. Elizabeth Warren and Doug Jones, because the board that oversees the muni-bond market is too secretive and too incestuous. Its membership shares the same DNA. That means the rulebook for municipal bonds is in the hands of a board that resembles a revolving door of longtime industry confederates.

John Kennedy

Transparency at the MSRB is dubious with data downloads too costly for all but the Vanguards of the world.

John Kennedy

Enacted in 1994, the first of the MSRB rules bars employees of firms that underwrite state and municipal bonds from donating to any official seeking federal office who has any role in giving business to bond firms.

Steve Kornacki

Governments can and do expropriate investors or discriminate against them. Domestic judicial and administrative systems provide investors with one option for protecting themselves.

Jose Angel Gurria

If Freemasons won't be completely open about their membership, should we not say that in all cases membership is incompatible with public service? Asking public servants to either confirm they are not a member of a masonic organisation or to be open when they are won't fully excise the backroom deals or the stench of privilege.

Dawn Foster

You are in the field to defend the public interest, the financial truth for investors and the funds that should support the widow and the orphan.

Clarence W. Barron

It is the theory of all modern civilized governments that they protect and foster the liberty of the citizen; it is the practice of all of them to limit its exercise, and sometimes very narrowly.

H. L. Mencken

2009 was a tough year, but Australia rose to the challenge of the global financial crisis. It shows what can be done when we all join together and work together, governments of all persuasions state, territory and local; businesses large and small; unions and local communities right across the nation.

Kevin Rudd

The Constitution does not protect the sovereignty of States for the benefit of the States or state governments as abstract political entities, or even for the benefit of the public officials governing the States. To the contrary, the Constitution divides authority between federal and state governments for the protection of individuals.

Sandra Day O'Connor

Government is best which is closest to the people. Yet that belief is betrayed by those State and local officials who engage in denying the right of citizens to vote. Their actions serve only to assure that their State governments and local governments shall be remote from the people, least representative of the people's will and least responsive to the people's wishes.

Lyndon B. Johnson

It is a travesty, in my mind, for the state and local governments on the one hand to expect the Federal government to reimburse them for costs attributable to illegal immigrants, when on the other hand the State and local governments prohibit their own law enforcement and other officials from cooperating with the Immigration and Naturalization Service to locate or apprehend or expel illegal aliens.

Alan K. Simpson

Partnering with local governments to conserve critical working landscapes and protect our abundant natural resources is key to maximizing the conservation impact of state funds.

Ralph Northam

Our elected representatives wisely enacted laws to protect our state and local governments from undue outside influence.

Eric Schneiderman

The stability of global financial markets is a public good. If governments fail to protect this public good, then those who suffer are the working people of the world whose jobs, whose homes, and whose standard of living depends on it.

Kevin Rudd

Bosses are no more inevitable in state and local governments than dictators are in national governments. They will arise and prosper, nevertheless, if true believers of democracy - citizens devoted to the democratic ideals - do not constantly oppose them.

Charles Edison

The health, safety and prosperity of our communities are our top priorities, and state and local governments provide critical services that protect and serve Maine people.

Sara Gideon

A Quote by John Kennedy

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