SEC study shows disclosure shortcomings.

• Position: News Briefs - Securities and Exchange Commission - Report examines issuers not complying with secondary market disclosure rules - Brief Article

The preliminary results of a study by the Securities and Exchange Commission indicate that some issuers are not complying with secondary market disclosure requirements. Speaking at a January meeting of GFOA's Committee on Debt and Fiscal Policy in Washington, D.C., a senior SEC official said some issuers are failing to file annual financial and operating information with nationally recognized municipal securities information repositories, or NRMSIRs. Most of the issuers who are filing disclosure documents...