Search results

Order by most recent / most popular / relevance

Results: 1-10 of 11

The SEC says cities (and city officials!) must obey securities laws, too

Orrick Herrington & Sutcliffe LLP
-
USA
-
May 7 2013

Yesterday the SEC filed an Order Instituting Cease and Desist Proceedings against the City of Harrisburg, Pennsylvania for violations of Rule 10b-5

SEC issues recommendations to improve municipal securities market

Orrick Herrington & Sutcliffe LLP
-
USA
-
August 6 2012

On July 31, the SEC issued a report containing recommendations related to the municipal securities market

MSRB request for comment on underwriter submission requirements

Orrick Herrington & Sutcliffe LLP
-
USA
-
April 16 2012

On April 10, the MSRB requested comment on proposed changes to rules that would allow underwriters of municipality securities to satisfy their obligations to submit information about new issues with their data submission to the New Issue Information Dissemination Service, which is operated by the DTCC

MSRB request for comment on bondholder consent proposal

Orrick Herrington & Sutcliffe LLP
-
USA
-
February 13 2012

On February 7, the MSRB requested comments on a draft proposal on the circumstances under which municipal bond underwriters would violate their duty to deal fairly by consenting to certain amendments to bond authorizing documents

MSRB proposal to establish municipal advisor assessment

Orrick Herrington & Sutcliffe LLP
-
USA
-
August 1 2011

On July 26, the MSRB filed a proposed rule change with the SEC to establish a new interim municipal advisor assessment program under Rule A-11 and a Form A-11-Interim to be used in connection with such an assessment

MSRB draft municipal advisor survey

Orrick Herrington & Sutcliffe LLP
-
USA
-
August 1 2011

On July 26, the MSRB issued a draft survey seeking information from municipal advisors on the nature of the municipal advisory activities they undertake as well as the manner and level of compensation received for such advisory activities. Comments on the draft survey must be submitted by September 12

MSRB municipal advisor rules

Orrick Herrington & Sutcliffe LLP
-
USA
-
February 22 2011

On February 14, the MSRB (i) filed with the SEC a proposal to require municipal advisors to notify the MSRB when the advisor ceases to engage in municipal advisory activities and (ii) issued proposals to establish a new municipal advisor fiduciary rule, and provide further guidance to municipal advisors, broker-dealers and banks on fair dealing obligations

SEC proposed rule on municipal advisor registration

Orrick Herrington & Sutcliffe LLP
-
USA
-
January 10 2011

On December 20, the SEC proposed a rule, required by the Dodd-Frank Act, which would create a new process by which municipal advisors must register with the SEC

MSRB opens municipal advisor registration system

Orrick Herrington & Sutcliffe LLP
-
USA
-
November 22 2010

On November 15, MSRB opened its registration system for municipal advisors in response to the Dodd-Frank Act

Dodd-Frank Wall Street Reform and Consumer Protection Act: credit rating agency provisions with comments on application to public finance

Orrick Herrington & Sutcliffe LLP
-
USA
-
August 3 2010

On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act