“SEC disclosure rules pose a special challenge for cash-strapped states and cities, which are under pressure to do more with less. While disclosure rules are less stringent for municipalities than for companies, that doesn’t get them off the hook for even small lapses.”
–The Wall Street Journal “Public Service Calls; Few CFO’s Hear” October 18, 2016
If you are an issuer of municipal debt, increased regulation and greater SEC focus on your disclosures are realities you live with every day.
Our cost-effective technology is a viable solution to help manage disclosure issues and concerns.
The DIVER platform from Lumesis can help Municipal Issuers address and manage their disclosure concerns:
Pre-Market Review of Historical Filings and Outstanding Debt
Clean-Up of MSRB Filings Prior to Issuance
Obligor, Issue and CUSIP Level Filing Analysis
Ensure Accuracy in the OS
Notifications for Audit, Operating, Rating and Call Requirements
Ongoing Analysis for Periodic Reviews (Post-Filing, Coming to Market)