
Changes to Rule 15c2-12 and Their Effect on Issuers’ Continuing Disclosure Requirements
Last year, the SEC announced its plans to amend Rule 15c2-12. This proposed amendment recently took effect at the end of February 2019. Rule 15c2-12 requires underwriters of municipal securities to determine that issuers and obligated persons have entered into an agreement to provide continuing disclosure information to the MSRB