Electronic Municipal Market Access (“EMMA”) System
The Municipal Securities Rulemaking Board (“MSRB”) has implemented its EMMA system, a free and publicly accessible website for municipal disclosure documents. In connection with the implementation of the EMMA system, the MSRB has amended its rules and the SEC has amended Rule 15c2-12. The changes impact both municipal primary market and continuing disclosure. The principal changes are summarized below.
Also of Interest
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Four Hawkins attorneys will serve on panels at the National Association of Bond Lawyers 43rd annual Bond Attorneys’ Workshop which will be held September 26-28, 2018 in Chicago.
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- Municipal Market Regulatory Update
This Hawkins Advisory describes the proposed amendments to Rule 15c2-12 and provides a summary and analysis of SEC municipal enforcement actions over the last year.