O'Reilly logo

Financial and Accounting Guide for Not-for-Profit Organizations, Eighth Edition 2014 Supplement by John H. McCarthy, Nancy E. Shelmon, John A. Mattie

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 34

Tax-Exempt Debt

34.3 The SEC's Role and Authority

(b) Disclosure Requirements for Municipal Issuers

(i) SEC Rule 15C2-12

34.4 Proposed Municipal Market Reforms

34.3 The SEC's Role and Authority

(b) Disclosure Requirements for Municipal Issuers

(i) SEC RULE 15C2-12

p. 650, partial paragraph at top of page, second to last sentence. Change the sentence to read: “An updated version of the Interpretive Release is expected to be released in the near future.”

34.4 Proposed Municipal Market Reforms

p. 653, second paragraph. Replace the last sentence with: “In July 2012, the SEC released a report providing their views on the municipal market and proposed possible changes to regulating the market.5

p. 653. Add n. 5 to read:

p. 654. Replace the last sentence of the partial paragraph at the top of the page with: “The GAO's report was submitted to Congress in mid-2012.6

p. 654. Add n. 6 to read:

5“Report on the Municipal Securities Market,” U.S. Securities and Exchange Commission, July 31, 2012, www.sec.gov/news/studies/2012/munireport073112.pdf.

6“Municipal Securities: Options for Improving Continuing Disclosure,” U.S. Government Accountability Office, July 19, 2012, www.gao.gov/products/GAO-12-698.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required