Butler Snow’s Dee P. Wisor was recently quoted in The Bond Buyer article ‘Flipping’ cases raise systemic muni market questions commenting on pre-arranged trading:
Dee Wisor, an attorney at Butler Snow in Denver, said he was not aware of any pervasive problem with “flipping” or pre-arranged trading. But he said issuers would probably care if retail order periods were being flouted.
“That’s where they’d be concerned,” Wisor said. “If somehow bonds weren’t ending up with people in their local communities, if that’s what they want.”
To read The Bond Buyer article quoting Dee P. Wisor in its entirety, please visit the link below.