municipaldisclosure.blogspot.com
In Pursuit of Perfect Compliance: Pitfalls In Disclosure Certificates: Data from the County
http://municipaldisclosure.blogspot.com/2015/04/pitfalls-in-disclosure-certificates.html
In Pursuit of Perfect Compliance. The Blog for Municipal Disclosure Advisors. Tuesday, April 28, 2015. Pitfalls In Disclosure Certificates: Data from the County. Section 4b of a standard continuing disclosure requirement provides the specific “Financial Information and Operating Data” to be produced. A very common problem arises when Section 4b requires data from the County in which the obligated party resides. Counties will routinely provide certain data to issuers, like Assessed Valuation data. This da...
municipaldisclosure.blogspot.com
In Pursuit of Perfect Compliance: The EMMA Jungle: Moody’s Gratuitous Ratings
http://municipaldisclosure.blogspot.com/2015/08/the-emma-jungle-moodys-gratuitous.html
In Pursuit of Perfect Compliance. The Blog for Municipal Disclosure Advisors. Wednesday, August 12, 2015. The EMMA Jungle: Moody’s Gratuitous Ratings. Part of the due diligence required by a good compliance auditor is a check of. Of the Rating Agencies for ratings on the issuances being reviewed. Now that EMMA has begun linking current ratings on the repository for bonds, it’s easier and faster for auditors to determine the current rating on the bonds. So take it with a grain of salt. That seems clean an...
municipaldisclosure.blogspot.com
In Pursuit of Perfect Compliance: April 2015
http://municipaldisclosure.blogspot.com/2015_04_01_archive.html
In Pursuit of Perfect Compliance. The Blog for Municipal Disclosure Advisors. Tuesday, April 28, 2015. Pitfalls In Disclosure Certificates: Data from the County. Section 4b of a standard continuing disclosure requirement provides the specific “Financial Information and Operating Data” to be produced. A very common problem arises when Section 4b requires data from the County in which the obligated party resides. Counties will routinely provide certain data to issuers, like Assessed Valuation data. This da...
municipaldisclosure.blogspot.com
In Pursuit of Perfect Compliance: Pitfalls In Disclosure Certificates: “in the form of…”
http://municipaldisclosure.blogspot.com/2015/04/pitfalls-in-disclosure-certificates-in.html
In Pursuit of Perfect Compliance. The Blog for Municipal Disclosure Advisors. Tuesday, April 14, 2015. Pitfalls In Disclosure Certificates: “in the form of…”. For my first substantive blog entry I’ve chosen to address what I believe to be one of the worst techniques found in the language of the continuing disclosure certificate. The only thing it seems to do is promote technical noncompliance by Issuers. A table] presented in the Official Statement.”. Such stricture is unnecessary. As long as all require...
municipaldisclosure.blogspot.com
In Pursuit of Perfect Compliance: August 2015
http://municipaldisclosure.blogspot.com/2015_08_01_archive.html
In Pursuit of Perfect Compliance. The Blog for Municipal Disclosure Advisors. Wednesday, August 12, 2015. The EMMA Jungle: Moody’s Gratuitous Ratings. Part of the due diligence required by a good compliance auditor is a check of. Of the Rating Agencies for ratings on the issuances being reviewed. Now that EMMA has begun linking current ratings on the repository for bonds, it’s easier and faster for auditors to determine the current rating on the bonds. So take it with a grain of salt. That seems clean an...
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municipaldisclosure.blogspot.com
In Pursuit of Perfect Compliance: The EMMA Jungle: Proper Linking
http://municipaldisclosure.blogspot.com/2015/04/the-emma-jungle-proper-linking.html
In Pursuit of Perfect Compliance. The Blog for Municipal Disclosure Advisors. Tuesday, April 21, 2015. The EMMA Jungle: Proper Linking. Hands down, the most common reason I hear Issuers cite to explain noncompliance is “improper linking” on EMMA. For those who aren’t familiar, here’s the “improper linking” problem. When filing disclosure on EMMA, one step in the process is selecting (or “linking”) those issues for which your disclosure filing will apply. Good intentions go to waste. This is also the case...
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