• SEC Announce First Changes against Underwriters under MCDC Initiative
  • June 24, 2015
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • On June 18 the U.S. Securities and Exchange Commission (SEC) announced enforcement actions against 36 municipal bond underwriters, the first enforcement actions against underwriters brought by the SEC under the Municipalities Continuing Disclosure Cooperation Initiative (MCDC Initiative), which was announced in March 2014.