Continuing Disclosure & Coronavirus: Keep Filing If Possible
Resources / Disclosure Notes Continuing Disclosure & Coronavirus: Keep Filing If Possible The spread of Severe Acute Respiratory Syndrome 2 (commonly referred to as the “coronavirus”) in the United States, and the resulting disease known as COVID-19, has resulted...Office of Municipal Securities Issues Legal Bulletin on Public Statements of Municipal Issuers
Resources / Disclosure Notes Office of Municipal Securities Issues Legal Bulletin on Public Statements of Municipal Issuers Staff of the Securities and Exchange Commission’s Office of Municipal Securities (“OMS”) released a Legal Bulletin (the “Legal Bulletin”) on...The New 15c2-12 Event Requirements – A Practical Approach to Underwriter Due Diligence
The recent amendments to SEC Rule 15c2-12 (the “Rule”), which must be incorporated into continuing disclosure undertakings effective on or after February 27, 2019, have caused municipal underwriting firms to review existing due diligence processes and procedures. In…
Seven Things Everyone Asks About Continuing Disclosure
In a vain attempt to be like the trendy media outlets that use odd-numbered lists and slightly misleading headlines as clickbait, we present answers to seven commonly asked questions about the continuing disclosure requirements of SEC Rule 15c2-12…