2014 Web June 5-Municipal Finance F52

Jun 05, 2014 01:00pm -
Jun 05, 2014 02:15pm
(GMT-5)

Event Description

 

June 5-Municipal Finance – F52

SEC Self-Reporting Initiative for Issuers and Other Significant Recent Disclosure Actions: Decisions for Municipal Lawyers

** This webinar will be 75 minutes

Speakers:  Robert Doty, Mark Zehner, Peter Chan, Barbara Adams, John McNally, and Jim Burr

Recently, the Securities and Exchange Commission has become more assertive regarding municipal issuer continuing disclosure. The Commission is concerned about persistent reports of substantial non-compliance by issuers with their continuing disclosure agreements. In 2013, the SEC announced a number of enforcement actions. In March 2014, the SEC publicized a new initiative “to encourage issuers and underwriters of municipal securities to self-report certain violations … rather than wait for their violations to be detected.” The Commission stated that, under the “Municipalities Continuing Disclosure Cooperation (MCDC) Initiative, the Enforcement Division will recommend standardized, favorable settlement terms to municipal issuers and underwriters who self-report” by September 10, 2014 “that they have made inaccurate statements in bond offerings about their prior compliance with continuing disclosure obligations.” The Commission added, “Those who do not self-report and instead decide to take their chances can expect to face increased sanctions for violations.” The Initiative creates circumstances in which certain issuers and their counsel must consider whether to self-report potential violations.

This webinar will consider the SEC’s Initiative, as well as recent enforcement actions, with SEC enforcement staff, bond counsel and an issuer official

 

 


Event Type:Webinar
Category:2014 Web-June 5
Early registration ends on May 25, 2014.
Regular registration starts on May 26, 2014 and ends on Jun 07, 2014.
Late registration starts on Jun 08, 2014.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 2014 WEB-June 5
Member Fee: $0.00$0.00$0.00
Non-Member Fee: $99.00$99.00$99.00