According to SEC Rule 15c2-12, what is a condition for an issuer’s agreement regarding continuing disclosures?

Prepare for the CPFO Debt Management Exam. Study effectively with flashcards and multiple choice questions, complete with hints and detailed explanations. Get exam-ready!

The condition for an issuer’s agreement regarding continuing disclosures under SEC Rule 15c2-12 is indeed related to disclosing information through the Electronic Municipal Market Access (EMMA) system. This rule requires municipal securities issuers to provide ongoing disclosure of certain financial and operating information to investors. Using EMMA serves as a critical tool for maintaining transparency and ensuring that investors have access to up-to-date information, fostering a well-informed marketplace.

This requirement emphasizes the importance of a centralized platform where municipal bond information is easily accessible, thus promoting better investor relations and confidence in the municipal bond market. Other options, while they may imply forms of communication, do not fulfill the specific regulatory requirement as outlined by the SEC, which focuses on the necessity of using EMMA to fulfill disclosure obligations.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy