GFOA Membership Approves Two New Policy Statements at 2011 Business Meeting

On May 24, the GFOA's membership approved two new public policy statements.  The first, Opposing Federal Intervention in Public Employee Retirement Systems, makes clear that GFOA opposes any additional federal intervention into the operation of state and local government pension systems.  The second, SEC Definition of Municipal Advisors, states GFOA's opposition to SEC action that would define appointed members of any state or local government governing body where debt and investment issues are discussed as municipal financial advisors.