Target Audiences: School Districts
Issuers often find the what, why and how of the responsibilities under municipal securities laws to be confusing. This session will explain the rules governing the continuing disclosure obligations of issuers, including annual financial information reports and event notices, and discuss the Municipal Securities Rulemaking Board's (MSRB) Electronic Municipal Market Access (EMMA) portal, remediation for past disclosure failures, best practices for continuing disclosure compliance, and underwriter perspectives on how issuer compliance affects an underwriter's own compliance and due diligence obligations.
State of Accreditation Rationale: This course satisfies the CPIM standard for continuing education by furthering the participant's background and working knowledge of public/municipal finance, specifically federal securities law obligations related to post-issuance compliance and disclosure.