MSRB Releases Educational Resource for Issuers on Disclosure of Bond Ballot Campaign Contributors
The MSRB has made available a new educational resource to assist state and local governments in understanding the information that will be made public regarding municipal securities dealers' contributions to bond ballot campaigns and any resulting municipal securities underwriting business. The MSRB amended public disclosure rules in July 2013, which amendments included the requirement that municipal securities dealers disclose information as to their political contributions on a quarterly basis. Disclosures for July through September 2013 are available on the Electronic Municipal Market Access ("EMMA") website.
See: MSRB Educational Resource on Public Disclosures of Bond Ballot Campaign Contributions. Related news: Amendments to Require the Public Disclosure of Additional Information Related to Deal Contributions to Bond Ballot Campaigns (July 1, 2013).