Recent SEC Actions vs. Issuers Illustrate Important Lessons

Doty, Robert W.
June 2004
Bond Buyer;6/14/2004, Vol. 348 Issue 31904, p36
Trade Publication
Comments on the imposition of enforcement monetary penalties against bond issuers by the U.S. Securities and Exchange Commission (SEC). General rule of the SEC on the primary responsibility of issuers on their disclosure documents; Illustrations of recent actions on the continuing significant evolution of disclosure responsibilities of issuers and officials; Diversity of subjects and settings within which disclosure may occur and the importance of careful issuer review.


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