New research from Assistant Professor Martin Luby of the LBJ School of Public Affairs sheds light on the municipal adviser market, finding a discrepancy between data collected by the Municipal Securities Rulemaking Board and the U.S. Securities and Exchange Commission.
Martin J. Luby held academic positions at DePaul University, Ohio State University and University of Illinois before joining The University of Texas faculty. He is an assistant professor in the LBJ School of Public Affairs. His teaching and research broadly focuses on public finance with an emphasis in public financial management. Much of his research has focused on the municipal securities market and the use of debt finance by state and local governments. He has published on innovative government financial instruments, federal financing techniques and regulation of the municipal securities market. He has extensive consultant and advisory experience with the federal government and many state and local governments. Recently, he served as a consultant to the Office of Inspector General for the United States Department of Transportation, the Task Force on the State Budget Crisis co-chaired by Former Federal Reserve Chairman Paul Volcker, the City of Chicago and the Chicago Transit Authority. He is a registered municipal advisor representative with the Securities and Exchange Commission (Series 50 Qualification) and regulated by the Municipal Securities Rulemaking Board.
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