FirstSouthwest Continuing Disclosure Services works closely with individual municipal clients to assist them in meeting the disclosure requirements set forth in U.S. Securities and Exchange Commission Rule 15c2-12.
Proactive Expertise
Our goal is that each of our municipal clients is able to maintain ready, low-cost access to the capital markets.
In fact, we are one of the only financial advisory firms in the United States with a dedicated disclosure services practice, enabling our professionals to solely focus on the disclosure needs of our individual municipal clients.
While most other disclosure services firms simply notify municipalities of pending filing dates, our professionals work closely with clients to help them prepare and file the appropriate reports. This unique approach saves our clients both time and resources while helping them remain in compliance with Rule 15c2-12.
Turn-Key Continuing Disclosure Services
In order to reduce the amount of time our municipal clients spend on fulfilling often complex continuing disclosure requirements, our dedicated continuing disclosure services practice provides seamless turn-key continuing disclosure services, including:
- Carefully reviewing past continuing disclosure filings and obligations
- Advising on issuer continuing disclosure undertakings
- Thoroughly monitoring for certain material events that may require the filing of notices
- Comprehensively preparing and filing material events notices
- Comprehensively preparing and filing annual reports
- Sending semi-annual material events questionnaires
Proprietary Software
Our dedicated continuing disclosure services team utilizes a proprietary software system that reduces the likelihood of non-compliance with SEC Rule 15c2-12. Key features of our system include:
- Ongoing maintenance of issuer compliance status
- Automatic tracking of issuers’ annual filing requirements and associated deadlines
- Notification of material events, such as rating changes and refunded bond issues
- Ongoing monitoring of filing requirements and deadlines for conduit issuers and their obligated members
Staying Current
Because we have a dedicated continuing disclosure services practice, our continuing disclosure services professionals closely monitor changing or potentially changing industry requirements that may impact our municipal clients. We help our clients maintain an ongoing awareness of these potential changes and their possible impact.
To learn more about our capabilties, contact us today.