ARTICLE
15 March 2017

SEC Proposes Expanding Certain Disclosure Requirements For Municipal Security Issuers

CW
Cadwalader, Wickersham & Taft LLP

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The SEC voted to propose amending SEA Rule 15c2-12 to require disclosure by issuers of municipal securities of two additional types of event notices to the MSRB following primary offerings
United States Corporate/Commercial Law
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The SEC voted to propose amending SEA Rule 15c2-12 to require disclosure by issuers of municipal securities of two additional types of event notices to the MSRB following primary offerings. The event notices pertain to certain financial obligations of the issuers that could impact such entities' creditworthiness or liquidity.

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