As an SEC commissioner, Walter led a report released in July recommending structural changes and more disclosure in the municipal securities market. [Best Muni Bond ETFs for Yield]

Muni ETFs are getting a second look from investors expecting taxes will rise next year. Conversely, some have speculated that the government could even remove munis’ tax-exempt status to help shore up the government deficit. [Muni Bond ETFs Solid on Tax Fears, Rock-Bottom Yields]

High-yield municipal bond ETF options include:

  • Market Vectors High Yield Municipal Index (NYSEArca: HYD): 4.39% 30-day SEC yield
  • SPDR Nuveen S&P High Yield Municipal Bond (NYSEArca: HYMB): 4.18% 30-day SEC yield

Broad municipal bond ETFs include:

  • iShares S&P National AMT-Free Municipal Bond Fund (NYSEArca: MUB): 1.61% 30-day SEC yield
  • SPDR Barclays Capital Municipal Bond (NYSEArca: TFI): 1.51% 30-day SEC yield

iShares S&P National AMT-Free Municipal Bond

For more information on munis, visit our municipal bonds category.

Max Chen contributed to this article.