SEC Municipalities Continuing Disclosure
Cooperation Initiative, Part I: A Call to All
Municipal Issuers
April 28, 2014
Webinar
Slides
| Transcript
On March 10, 2014, the Securities and Exchange Commission (SEC) announced a new cooperative enforcement initiative designed to encourage any issuers and underwriters of municipal securities to self-report certain violations of the federal securities laws. Issuers and underwriters have up until September 10, 2014, under the Municipalities Continuing Disclosure Cooperation Initiative (the “MCDC Initiative”) to self-report materially inaccurate statements in a final official statement regarding the issuer’s prior compliance with its continuing obligations as described in Rule 15c2-12. The SEC offers no assurances to issuer and underwriters who do not take advantage of the MCDC Initiative.
Speakers
- Dan Deaton, Partner, Nixon Peabody LLP
- Peter Chan, Assistant Director, Municipal Securities and Public Pensions Unit, Securities and Exchange Commission
Webinar Replay
Please contact CDIAC Education unit at cdiaceducation@treasurer.ca.gov for the webinar replay