On May 26, 2010, the Securities and Exchange Commission approved amendments to Securities and Exchange Act of 1934 Rule 15c2-12. In general, Rule 15c2-12 governs what an underwriter must do in connection with the initial offering of municipal securities and what must be included in the issuer's continuing disclosure undertaking. The amendments to Rule 15c2-12 apply only to initial offerings occurring on or after December 1, 2010.
Click on the icon below to download Timothy Reimers' analysis of the amendments.
15c2-12
