SEC Approves Amendments to Rule 15c2-12.
05.27.2010UPDATE: The effective date of the recent amendments to Rule 15c2-12 is December 1, 2010, and is based on the date the Continuing Disclosure Agreement is executed, which will generally be on the settlement (closing) date.
Also of Interest
- Cybersecurity - Municipal Disclosure
This Advisory describes recent developments regarding disclosure of cybersecurity risks and incidents and their import for municipal disclosure.
- 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.
- Hawkins Assists City and County of San Francisco with Financing of 55-Story Residential Building
In December 2016, Hawkins served as disclosure counsel to the City and County of San Francisco in connection with its issuance of $240 million Variable Rate Multifamily Housing Revenue Bonds (Transbay Block 8 Tower) issued on behalf of an affiliate of the developer, Related Companies. The bonds will finance a portion of the cost of a new $600 million 55-story tower and surrounding buildings in downtown San Francisco.
- MCDC Settlements with Issuers
Today, the Securities and Exchange Commission (“SEC”) entered into cease‐and‐desist settlement orders with 71 municipal issuers and obligated persons, across 45 states, that had self‐reported pursuant to the SEC’s Division of Enforcement’s Municipalities Continuing Disclosure Cooperation (“MCDC”) Initiative.