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  Hutchinson, Shockey, Erley & Co. (HSE) is an investment banking
firm specializing in public finance, underwriting, trading and institu-
tional sales of municipal bonds. Since 1957, HSE continues to focus
its complete attention on issuing, buying and selling municipal and
tax-free bonds.

Our senior management team leads a dedicated group of profess-
ionals who believe in our mission to provide superior service to
clients while being active participants in our communities.