Crafting Disclosure Policies

National Association of Bond Lawyers Releases “Crafting Disclosure Policies” Paper (August 20, 2015). On August 20, 2015, the National Association of Bond Lawyers (“NABL”) released a white paper titled “Crafting Disclosure Policies” providing advice to issuers of municipal securities on preparing and complying with written disclosure policies. In the aftermath of the Securities and Exchange [...]

Crafting Disclosure Policies 2016-11-23T18:45:49+00:00

Increased SEC and DOJ Pricing Scrutiny

The regulatory environment faced by both underwriters and issuers continues to become more complex, as enforcement actions and novel causes of action continued to be brought against both issuers and underwriters by various agencies in third quarter 2015. The Securities and Exchange Commission (the “SEC”) announced a settlement on August 13, 2015 involving brokerage firm [...]

Increased SEC and DOJ Pricing Scrutiny 2016-11-23T18:45:12+00:00