Disclosure roles of counsel in state and local government securities offerings

  • 367 Pages
  • 0.53 MB
  • 6194 Downloads
  • English

Section of Urban, State, and Local Government Law, American Bar Association , Chicago, Ill
Municipal bonds -- Law and legislation -- United States., Disclosure of information -- Law and legislation -- United St

Places

United St

Statementfrom a project sponsored by Subcommittee on Municipal and Governmental Obligations, Committee on Federal Regulation of Securities, ABA Section of Business Law [and] ABA Section of Urban, State, and Local Government Law [and] National Association of Bond Lawyers.
ContributionsAmerican Bar Association. Subcommittee on Municipal and Governmental Obligations., American Bar Association. Section of Urban, State, and Local Government Law., National Association of Bond Lawyers (U.S.)
Classifications
LC ClassificationsKF6775 .D57 1994
The Physical Object
Paginationxi, 367 p. ;
ID Numbers
Open LibraryOL1127897M
ISBN 101570730059
LC Control Number94071622
OCLC/WorldCa30791178

Disclosure Roles of Counsel in State and Local Government Securities Offerings [American Bar Association] on *FREE* shipping on qualifying offers. Disclosure Roles of Counsel in State and Local Government Securities Offerings5/5(1).

Get this from a library. Disclosure roles of counsel in state and local government securities offerings. [American Bar Association. Section of State and Local Government Law.; American Bar Association.

Section of Business Law.; American Bar Association. Committee on Federal Regulation of Securities.; National Association of Bond Lawyers (U.S.);]. Disclosure Roles of Counsel in State and Local Government Securities Offerings (Second Edition) A project sponsored by: Subcommittee on Municipal and Governmental Obligations, Committee on Federal.

Disclosure roles of counsel in state and local government securities offerings. Chicago, Ill.: Section of Urban, State, and Local Government Law, American Bar Association, © (OCoLC) Document Type: Book: All Authors / Contributors: American Bar Association.

Subcommittee on Municipal and Governmental Obligations.; American Bar. An analysis of specific problems faced by counsel involved in state and local government securities offerings, is provided in this work.

It also summarizes current and ideal practices and describes the foundation of those practices. Find helpful customer reviews and review ratings for Disclosure Roles of Counsel in State and Local Government Securities Offerings at Read honest and 5/5. Roles and Responsibilities: The Financing Team in an Initial Municipal Bond Offering ISSUING MUNICIPAL SECURITIES A key part of issuing new debt is to assemble a team that works for the state or local government.

Generally, the bond offering process is a coordinated effort disclosure counsel and other counsel. View a chart of theFile Size: KB. Orrick Disclosure Obligations of Issuers of Municipal Securities 1 Municipal bonds, notes, certificates of participation and other municipal securities, while generally exempt from the registration requirements of federal and state securities laws, are subject to securities law disclosure rules–generally referred to.

§ Disclosure Roles of Counsel in State and Local Government Securities Offerings (American Bar Association and National Association of Bond Lawyers: 3rd ed., ) § John C. Coffee and Joel Seligman, Securities Regulation: Cases and Materials (12th ed. ) § Sylvan G. Feldstein and Frank J. Fabozzi, eds.

He also served on committees and subcommittees of the American Bar Association and the National Association of Bond Lawyers and as Coordinator and Reporter of Disclosure Roles of Counsel in State and Local Government Securities Offerings() and as a principal drafter of the National Federation of Municipal Analysts White Paper on Expert Work.

State and Local Government Series Securities Overview. The State and Local Government Series (SLGS) securities program was established in as the result of federal legislation enacted in which restricted state and local governments from earning arbitrage profits by investing bond proceeds in higher yielding investments.

For registered public offerings of securities and to claim certain exemptions from registration, disclosure documents must be filed with those government agencies responsible for regulation of securities offerings.

Whether a filing with the state Securities Division is required is described on our Offering Options webpage. Book title: Disclosure Roles of Counsel in State and Local Government Securities Offerings.

Download the book Disclosure Roles of Counsel in State and Local Government Securities Offerings in PDF and EPUB format. Here you can download all books for free in PDF or Epub format. Use the button available on this page to download or read a book online. Disclosure Roles of Counsel in State and Local Government Securities Offerings, 3rd edition.

Disqualification Motions and Appeals, California Litigator?s Desk Series. Homeland Security: Legal and Policy Issues. How Good Lawyer?s Survive Bad Times. Human Rights and the Alien Tort Statute: Law History and Analysis.

Bond Counsel and Disclosure Counsel Services Solicitation Page 3 Febru example. Disclosure counsel services may be rotated depending on the nature of the work and transaction.

Details Disclosure roles of counsel in state and local government securities offerings EPUB

The contract period executed with each firm selected for the State’s pool is four Size: KB. Book State Defense Forces and Their Role in American Homeland Security Read Full Ebook. Report. Read books Disclosure Roles of Counsel in State and Local Government Securities Offerings BOOOK.

Copunekov. Trending Bernie Sanders. I hereby certify that this Financial Disclosure Statement contains no willful misstatement of fact or omission of material fact and, together with any and all statements previously submitted in writing to the clerk of my local government or the Local Finance Board, constitutes a full disclosure with respect to all matters required by.

Size: 1MB. One of the principal roles played by bond lawyers is to serve as bond counsel on municipal bond issues. The lawyer who serves as bond counsel, acting for his or her firm, renders a legal opinion as to the validity of the bonds under applicable laws, the federal and state income tax status of the interest on the bonds and, in certain cases, other matters.

Corporate Disclosure of Government Investigations Under Securities Law Outside COunsel Expert Analysis www. The court’s decision in ‘Lions Gate’ provides useful guidance for companies considering whether to disclose an ongo-ing government investiga-tion, including the receipt of a Wells Notice from the Size: KB.

State and Local Finance—Law and Legislation—United States. KF D57 Disclosure roles of counsel in state and local government securities offerings Chicago: American Bar Association, Section of State and Local Government Law, c Supreme Court, U.S. KF B67 U Louis D. Brandeis: a life Urofsky, Melvin I.

Download Disclosure roles of counsel in state and local government securities offerings PDF

State and local governments need permanent access to the debt markets to fund the public projects their citizens require. By issuing debt, governments subject themselves to both the increasing demands of investors for full and accurate disclosure and the risk that either investors or regulators will challenge the adequacy of their disclosure.

Disclosure and Accounting Practices in the Municipal Securities Market Introduction Many critically important aspects of American life, from airports to sewers and schools to hospitals, depend on the municipal securities market for financing. All bonds, notes and other debt securities issued by states and local governments and their respective.

the board hires special counsel to do a special investigation or provide independent legal advice, the arrangement should be structured to ensure an independent investigation and direct reporting to the board or to the committee; (iv) the SEC and state bar disciplinary authorities should.

state antifraud and enforcement roles, and state regulation of intermediaries such as broker-dealers and investment advisers. A full set of state guides simplifies and analyzes state securities codes and monitors enforcement trends.

Plus you get the full text of the Uniform Securities Act(s), Uniform Forms, and relevant NASAA Statements of Policy. Disclosure Obligations Under the Federal Securities Laws in Government Investigations By David M.

Description Disclosure roles of counsel in state and local government securities offerings FB2

Stuart and David A. Wilson * With the prevalence of government investigations into corporate conduct, public compa-nies frequently face decisions about whether, when, how, and where to. Consistent with an advocacy role, we find that securities lawyers’ involvement in SEC comment letters is associated with resisting disclosure inquiries through redacting information from filings and issuing fewer amendments to previous by: 5.

Securities Lawyer Blog. The securities laws require that public companies provide disclosure about the backgrounds of its officers and directors and describe certain material information that is “material to an evaluation of the ability or integrity of any director, person nominated to become a director or executive officer of the company.

DISCLOSURE ROLES OF COUNSEL IN STATE AND LOCAL GOVERNMENT SECURITIES OFFERINGS / ABA SECTION OF STATE AND LOCAL GOVERNMENT LAW, ABA SECTION OF BUSINESS LAW, COMMITTEE ON FEDERAL REGULATION OF SECURITIES, NATIONAL ASSOCIATION OF BOND LAWYERS.

3rd ed. Chicago: American Bar Association, Section of State. Federal and State Regulation of Securities Offerings; -Steagall Act") prohibits any bank which is a member of the Federal Reserve System (including all national banks and state-chartered member banks) from being affiliated with any entity that is "engaged principally" in the "issue, floatation, underwriting, public sale, or distribution, at.

State of New Jersey Department of Community Affairs Division of Local Government Services Local Finance Board Local Government Ethics Law Financial Disclosure Statement Financial Disclosure Statement must be filed by April 30th each year, or within 30 days of taking office.

study the relation between securities law expertise and corporate disclosure. Internal counsel typically does not have the same regulatory and securities-related workload to develop the depth of expertise possessed by ELC, whereas ELC’s repeated experience in representing different clients likely results in specialized by: 5.Robert Doty provides litigation consulting and expert witness services regarding fiduciary duties, disclosure and due diligence in municipal bond transactions, and the roles and responsibilities of parties, including municipal bond issuers, conduit borrowers, underwriters and dealers, municipal advisors and counsel (bond, underwriter, disclosure and issuer counsel).

Welcome to the Securities and Exchange Commission's inaugural field hearing on the State of the Municipal Securities Market. We are grateful that state and local government officials, municipal securities investors, and experienced municipal market professionals have agreed to participate as panelists in today's meeting.