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NABLNET Alert:

SEC Staff Issues Interpretative Letter Authorizing Use of DisclosureUSA

Securities and Exchange Commission Staff today issued an Interpretative Letter authorizing use of DisclosureUSA by issuers of municipal securities and others who make continuing disclosure filings pursuant to Rule 15c2-12.  DisclosureUSA, a web site accessible at www.DisclosureUSA.org, is the product of a cooperative effort of eighteen industry organizations known as the "Muni Council" and the Municipal Advisory Council of Texas (Texas MAC) to address deficiencies in the current filing system.  NABL is a member of the Muni Council.

 

The SEC Staff Interpretative Letter, the letter from Texas MAC requesting interpretative guidance from the SEC staff, and related SEC and Muni Council press releases are available on the NABL website at:   http://www.nabl.org/library/securities/misc/MuniCouncil/90704/index.html.

 

 

 

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