Panelists Tell Trustees to Stay Out of the Disclosure Business

Hume, Lynn
February 2001
Bond Buyer;02/28/2001, Vol. 335 Issue 31086, p5
Trade Publication
Reports that panelists at the American Bankers Association's (ABA) Capital Markets Forum for Corporate Trust have warned bond trustees to stay out of the disclosure business. Recommendations for ABA corporate trust committee to develop language for bond indentures that define a trustee's disclosure obligations; Granting of the exclusive right to bond issuers to answer investor requests for information.


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