TITLE

SEC Official Warns Against Non-Disclosure of IRS Letters

AUTHOR(S)
Hume, Lynn
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/24/2006, Vol. 355 Issue 32326, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the risk facing issuers who fail to disclose to investors in the United States that they have received a preliminary determination letter from the United states Internal Revenue Service stating their bonds are not tax-exempt. The notices affect the bonds' prices in the secondary market and are materially important to investors.
ACCESSION #
20281648

 

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