Try our Advanced Search for more refined results

Expert Analysis

A 'Prisoner's Dilemma' For Issuers And Underwriters

Law360, New York ( May 27, 2014, 2:51 PM EDT) -- On March 10, 2014, the Enforcement Division of the U.S. Securities and Exchange Commission announced the Municipalities Continuing Disclosure Cooperation Initiative (MCDC) — an offer for municipal issuers and their underwriters to turn themselves (and others) in now for certain potential violations of the securities laws in exchange for lighter punishments, in contrast to harsh penalties threatened for those caught after the Sept. 9, 2014 deadline. The offer extends only to potential violations of the antifraud rules made in an official statement regarding the issuer's past compliance with continuing disclosure agreements and not to other violations of the antifraud provisions....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!