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Takeaways for Nonprofit Healthcare Systems From SEC Cybersecurity Disclosure Interpretations

According to the American Hospital Association, cyber criminals are becoming more organized and sophisticated. For example, in addition to attacks on the troves of patient data held by healthcare systems, cybercriminals now...more

Senior Living Alert: Five Considerations for Nonprofit Senior Living Organizations When Developing Fundraising Campaigns

There are many ways organizations can secure funding for capital projects, including cash reserves, tax-exempt debt, taxable debt and donations. Nonprofit senior living communities that use tax-exempt bonds to fund capital...more

Three Takeaways for Municipal Bond Issuers From the New SEC Cybersecurity Disclosure Rules

State and local governments increasingly are becoming targets of cybersecurity attacks. According to CloudSEK, cyberattacks targeting the government sector increased by 95% worldwide in the second half of 2022, compared to...more

COVID-19: With Students Safely Home, What’s Next for Educational Institutions?

Having sent students home, what do colleges, universities and K-12 schools need to do now – today, tomorrow and over the next few days? Obviously, the most important issues are safety, doing the right thing, communicating...more

Nonprofit Colleges, Universities Must Promptly Report ‘Triggering’ Events

Nonprofit higher education institutions now must report to the U.S. Department of Education the occurrence of certain "triggering" events that bear on the institution's financial strength within 10 days of the occurrence of...more

Proposed Securities Rule Changes Focus on Bank Loans, Other Private Placements

SEC Proposed Amendments to Rule 15c2-12 - On March 1, 2017, the Securities and Exchange Commission (SEC) proposed amendments to Rule 15c2-12 under the Securities Exchange Act of 1934 that would add two new events that...more

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