Maco Urges Issuers: Avoid 'Race to the Bottom' on Disclosure

Hume, Lynn
May 1999
Bond Buyer;05/25/99, Vol. 328 Issue 30648, p5
Trade Publication
Reports on United States Securities & Exchange Commission director Paul Maco's remarks on possible violations of securities fraud laws by state and local officials hiring underwriters that demand the least amount of disclosure for bond offerings, given during a speech before the Government Finance Officers Association. Competition among underwriters; Key considerations when disclosing information.


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