Insights

Publication | The Bond Buyer

MCDC Non-Compliance May Prove Costly

November 7, 2016

Ozgur Kan discusses settlements by the Securities and Exchange Commission under its Municipalities Continuing Disclosure Cooperation initiative, which encouraged municipal underwriters and issuers to voluntarily disclose past non-compliance and improve future continuing disclosure. He suggests that issuers that did not come forward during the self-reporting period may experience a higher cost of non-compliance.

Read the article (registration required).

Professionals

Related Professionals

Ozgur Kan

Managing Director

New York