Posts tagged December 1.
State or local government entities, special tax districts, hospital districts and other municipal bond issuers face a December 1 deadline to respond to the SEC Enforcement Division's "Municipalities Continuing Disclosure Cooperation Initiative." The MCDC Initiative is part of regulatory and enforcement emphasis on the municipal-securities world resulting from Dodd-Frank. Municipal issuers are supposed to make continuing-disclosure filings of events affecting their outstanding bond issues (financial statements, ratings changes, tax shortfalls, etc.) like SEC ...
Posted in: Third Circuit Court
Tags: December 1, MCDC, MCDC Self-Reporting, municipal bond issuers, municipal issuers, Municipalities Continuing Disclosure Cooperation Initiative