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Stephen E. Heaney Managing Director for Stone & Youngberg, a Division of Stifel Nicolaus.  He is also Vice Chair of the Board of Directors of the Municipal Securities Rulemaking Board (MSRB).


Mr. Heaney has more than 30 years of experience in municipal finance, the bulk of those years with Stone & Youngberg, where he has directed billions of dollars in public offerings for capital improvements throughout California and Nevada. He has taken a lead role in creating public financing techniques to address the infrastructure needs of large and small-scale development and redevelopment projects, and is a frequent speaker on infrastructure finance issues.


Mr. Heaney is a former board member of the California City Management Foundation, and a past chairman of the California Public Securities Association. He also served on the Executive Committee of the Municipal Division of the Regional Bond Dealers Association.


Mr. Heaney received a bachelor’s degree from Texas Tech University and a master’s degree in public administration from the Maxwell School at Syracuse University.