federal compliance
  • Arbitrage Rebate
    • Willdan's established group of arbitrage professionals are dedicated to providing comprehensive, accurate and timely arbitrage rebate reporting. We use time tested, customized, and reliable software designed to meet the needs of all types of tax-exempt debt including the more complex bond structures involving variable rate and hedged transactions.
  • Continuing Disclosure
    • Willdan supports bond issuers' efforts to provide transparency to regulators and the investor community by providing enhanced reporting, timely dissemination of event notices and investor call support. At Willdan we do more than simply disseminate a report. We help issuers prepare accurate and clearly written reports that meet all the requirements of the Continuing Disclosure Agreement.
  • Escrow Verification
    • For the convenience of our clients, Willdan has developed a relationship with Dufresne & Associates, CPA, PA, to provide mathematical verification of current and advanced refunding transactions associated with the defeasance of existing debt. Willdan's regulatory knowledge, combined with Dufresne & Associates' verification experience, creates a unique layer of assurance that the required elements of the financing have been independently verified and were not impacted by conflicting corporate interests.
  • Procedural Guidance
    • Willdan is well known for our "educational" approach to providing compliance services. We have worked hard to "audit proof" our internal procedures and can help municipal bond issuers do the same. We assist clients with everything from document retention policies, to allocation and accounting methodology, to organizational and workflow responsibility.

Contact:
Anne C. Pelej
Vice President & Group Manager
Federal Compliance
951.587.3594
800.755.6864

Web Links:

irs.gov

sec.gov

msrb.org

nabl.org

nfma.org

gfoa.org

The Federal Compliance Group

Willdan Financial Services is a leading provider of arbitrage rebate and continuing disclosure reporting.  Our rebate practice was established shortly after the passage of the Tax Reform Act of 1986 and we rapidly became an innovator with interactive technology and plain language reporting. Our disclosure practice began in 1995 with the arrival of Rule 15c2-12 and we have been at the forefront of industry-wide efforts to improve the quality and content of municipal securities information ever since.

Regulatory Expertise

Our team has the financial skills and regulatory knowledge needed to provide comprehensive post issuance compliance. Incorporated in our methodology is heavy emphasis on continuing education for both staff and clients. We maintain active memberships in several industry associations including: the National Association of Bond Lawyers (NABL), the Government Finance Officers Association (GFOA), the National Federation of Municipal Analysts (NFMA) and the Municipal Securities Rulemaking Board (MSRB).

Willdan works directly with municipal bond issuers to file complete, accurate, and timely information as required by the bond documents. In addition, our efforts complement agency procedures with up-to-date regulatory awareness, enhanced methodology, and legal support.

Technical Support

Willdan has spent years investing in customized technology designed to address the needs of our clients. Our "Compliance Management System" is a failsafe tool our clients use to monitor compliance reporting and upcoming computation dates. What makes this system unique is the online platform it provides issuers from which to download completed reports and demonstrate compliance without having to invest in their own technology.

Why Select Willdan?

At Willdan we believe it is our responsibility to bring you new ideas, save you money, and help you plan for the future. Our corporate philosophy is teamwork. Internally with our operating divisions and externally with our clients, we bring the expertise to where it is needed.

Willdan believes in giving back to the communities we serve. We frequently volunteer our time and resources at education seminars and nationally recognized conferences on the topic of regulatory compliance, specifically arbitrage rebate and continuing disclosure.

Willdan is committed to providing quality service, and we encourage you to contact us to discuss your compliance reporting needs.

Willdan Financial Services
27368 Via Industria, Suite 110
Temecula, California 92590
951.587.3500 | 800.755.6864
Fax 951.587.3510 | 888.326.6864
Email

Willdan Financial Services is a subsidiary of Willdan Group, Inc.