Annual Report 2017

A Look Ahead
2017-18 President
Sandy M. MacLennan
Squire Patton Boggs US LLP
Tampa, FL
A New Chapter at NABL...
Taking over as President of this organization as the 4th
quarter began and less than 30 days prior to
H.R. 1 being introduced in the House made for a very
short transition period. I was asked by several folks at
the time (somewhat sarcastically) “Aren’t you glad you’re
President of NABL now?” The answer to that question
is “Yes.” For me, personally, it was both stressful and
exciting; a great challenge and an opportunity to make
good on what I promised at the annual meeting in October.
We (the entire NABL Board and NABL) worked
hard, day and night, to follow the progress of the House
bill; we collaborated with all of the other organizations
(the alphabet soup of acronyms) in letter-writing, Hill
contacts, and grass roots organizing; and, most importantly, we kept NABL members as informed as possible
through alerts, teleconferences (2), the Weekly Wrap, and direct contact. As exhilarating as that start to
my term was, there is likely more to come in 2018 when Congress tackles infrastructure financing. On the list
of other things to do in 2018 are:
• Publication of one or more scholarly articles in legal journals on topics of concern to NABL members;
• A 2.0 version of the Model Issue Price documents;
• Completion of a model letter of disclosure counsel;
• Significant headway on an update to the NABL model bond indenture;
• And, as always, monitoring regulatory changes and providing appropriate commentary.
All of these projects are being undertaken by our fellow NABL members who have volunteered their
time. Volunteerism is the key to NABL’s ability to provide meaningful programs for its members and
commentary on regulatory and legislative proposals. We all owe a resounding and continuing “Thank
You” to all the NABL members who raise their hand to lead or participate in a project.
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