A bond issue (a debt obligation of a local government) is often perceived as a mystery for many Pennsylvania local government officials and solicitors. The securities and tax regulations governing municipal bonds have grown...more
1/17/2024
/ Bondholders ,
Bonds ,
Consumer Protection Act ,
Credit Enhancements ,
Disclosure Requirements ,
Dodd-Frank ,
Fiduciary Duty ,
Income Taxes ,
Interest Rate Swaps ,
MSRB ,
Municipal Bonds ,
Public Meetings ,
Reimbursements ,
Securities ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Trustees
An MSRB infographic announcing the plans states that the enhancements include “creating a more user-friendly and streamlined document submission experience,” “developing a seamless navigation to tools and resources on EMMA,”...more
On August 20, 2018, the U.S. Securities and Exchange Commission (SEC) approved amendments to Rule 15c2-12 of the Securities Exchange Act to add two additional disclosure events to written continuing disclosure undertakings...more
The Securities and Exchange Commission (SEC) recently announced enforcement actions against 71 municipal issuers of bonds in connection with the Municipalities Continuing Disclosure Cooperation (MCDC) Initiative. The...more
9/1/2016
/ Cease and Desist ,
Civil Monetary Penalty ,
Enforcement Actions ,
Material Misstatements ,
MCDC ,
Municipal Bonds ,
Municipal Securities Issuers ,
Municipalities ,
Public Sector ,
Rule 15c2-12 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Settlement Agreements ,
Underwriting
The Securities and Exchange Commission ("SEC") recently announced that it has charged the City of Harrisburg with violations of various anti-fraud provisions of federal securities laws in connection with the resource recovery...more