Securities Law and Disclosure

We took a break from the Wrap while Congress adjourned for August recess, but this month was nonetheless a busy one. Catch up quickly on updates from while we were…

A discussion session on NABL’s newest report examining legal considerations pertaining to risk factors disclosure was held on August 23, 2023.

Join the Securities Law and Disclosure Committee (SLDC) on August 23 for a discussion session on NABL’s newest report examining legal considerations pertaining to risk factors disclosure.

What are the debt ceiling and federal downgrades, and what do they mean for municipal bonds.

House Republicans have launched a month-long focus on Environmental, Social, and Governance (ESG) factors in financial markets. Here’s what we know.

Paper exploring legal and practical considerations in identifying and disclosing risk factors in offerings of municipal securities, and developing policies and procedures for disclosing such factors.

Vol 47 | No. 2

NABL is again considering seeking additional guidance on municipal disclosure obligations and updates to the U.S. Securities and Exchange Commission’s (SEC’s) 1994 Interpretive Release.

A recap of the Board of Director’s advocacy meetings in Washington, D.C. on May 17 – 19.

Discussion of hypotheticals that involve the application of certain federal tax laws relating to refundings, including the repeal of tax-exempt advance refundings, as well as reissuance.

Introduction to and discussion of the underwriting process, including all aspects of structuring the deal through taking the municipal bonds to market.

Overview of the role of, responsibilities, and expectations imposed on issuer’s counsel in a municipal bond transaction.