Resources / Disclosure Notes

Welcome to Disclosure Notes!

by | May 30, 2018

Disclosure Notes will provide commentary by Gilmore & Bell’s securities group on issues in public finance impacted by securities laws. Gilmore & Bell’s securities group assists the firm’s clients with matters relating to federal and state securities laws applicable to public finance transactions, including disclosure requirements under Rule 15c2-12 of the Securities and Exchange Commission. The members of Gilmore & Bell’s securities group, Rick Wright, Brad Patterson, Colleen Duncan, Bill Burns, and Greg Deschler, have over 50 years of combined experience advising clients on securities and disclosure aspects of public finance transactions.

Gilmore & Bell, P.C. was established in 1979 and is one of the leading public finance law firms in the United States. The firm serves as bond counsel, underwriter’s counsel and disclosure counsel in a wide variety of tax-exempt and taxable public finance transactions. As of early 2018, the firm employed 66 attorneys, 43 legal assistants, eight tax analysts, five disclosure analysts and 19 other employees, in seven offices throughout the Midwest and Mountain West. The firm has a national reputation in the field of tax-exempt bond financing and has one of the largest public finance practices in the country. For more than 20 years, Gilmore & Bell has ranked in the top 10 nationally in the number of bond counsel opinions rendered on municipal bond issues. In 2017, the firm delivered the approving opinion on 445 long-term municipal issues aggregating $8.8 billion in principal amount. According to published listings, the firm’s 2017 rankings among bond counsel were as follows:

2017 Bond Counsel Rankings (1)

Nation Kansas Missouri Utah Nebraska
Number of Issues: 2nd 1st 1st 1st 4th
Dollar Volume: 10th 1st 1st 1st 2nd

(1) Source: Thomson Reuters.

In addition, the firm ranked in the top 10 nationally in the number of disclosure counsel issues and in the top 20 nationally in the number of underwriter’s counsel issues in 2017, according to the Thomson Reuters rankings.

We hope Disclosure Notes provides timely insight into new developments and in-depth analysis of persistent issues affecting disclosure and securities law compliance in public finance. Please subscribe in the sidebar to receive email notifications of new posts and feel free to contact us if you have questions about a post or suggestions for a topic we should cover.


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