FDTA 2027: What Local Governments Need to Know About Machine-Readable Financial Data

The Financial Data Transparency Act passed in December 2022 with rare bipartisan support. By 2027, local governments that issue municipal bonds will need to submit financial data to EMMA in machine-readable formats. In other words: If your current ACFR is a PDF, youโve got work to do. What FDTA Requires FDTA amends the Securities Exchange […]