Where must the necessary items under CDAs be filed by issuers?

The necessary items under Continuing Disclosure Agreements (CDAs) must be filed on the Electronic Municipal Market Access (EMMA) portal. This portal serves as a crucial platform for the disclosure of municipal securities and provides transparency in the municipal bond market. Issuers are required to submit their annual financial information and material event notices to EMMA, ensuring that investors, regulators, and the public have access to up-to-date information regarding the financial condition of the issuer and any significant events that may affect bondholders.

This process is important for maintaining investor confidence and ensuring that municipal securities are transparent and trustworthy. The EMMA portal is specifically designed for this purpose, and compliance with CDA filing requirements through this platform is essential for issuers of municipal securities. Other options like the Central Municipal Access Portal, the National Securities Association, or private servers do not fulfill the requirements set forth for the public dissemination of information related to CDAs in the same manner as EMMA does.