TITLE

Panelists Tell Trustees to Stay Out of the Disclosure Business

AUTHOR(S)
Hume, Lynn
PUB. DATE
February 2001
SOURCE
Bond Buyer;02/28/2001, Vol. 335 Issue 31086, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
4155110

 

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