Nixon Peabody Partner Dan Deaton , and Associate David Song are participating on panels discussing their understanding of the policy and regulatory environment surrounding municipal disclosure and how that environment may change in the future, at the CDIAC Municipal Market Disclosure: Fundamentals and Evolving Practices seminar.
Details from the website
April 8, 2025
Federal Continuing Disclosure Requirements
David Song | 11:15 a.m.
This session examines strategies and considerations for how an issuer can meet the continuing disclosure obligations undertaken when issuing debt. The continuing disclosure agreement (CDA)contains an agency’s annual reporting requirements and is a legally required component of all publicly issued debt. Panelists will discuss how to satisfy these ongoing requirements through annual financial reporting disseminated through the Municipal Securities Rulemaking Board’s (MSRB) Electronic Municipal Market Access (EMMA). The panel will discuss best practices regarding how to set, maintain, and deliver on the long-term continuing disclosure commitments made at the time of issuance.
April 9, 2025
The Evolving Landscape of Municipal Disclosure
Daniel Deane | 9:05 a.m.
This session will go over the dynamics of disclosure in the municipal market, in what aspects issuers are meeting market expectations, where the SEC expects there to be continued regulatory scrutiny, and the elements of disclosure that warrant continuous observation by issuers. Additionally, the speaker will discuss the importance of having the ability to assemble and convene a disclosure team that includes members that are equipped with the required insight and information to actively participate in the various instances of initial and continuing disclosure that an issuer will face.
Climate Change and Natural Hazard Risk Assessment and Disclosures
Daniel Deaton | 2:25 p.m.
This session will discuss an issuer’s responsibility to discover what is known of an agency’s risks presented by climate change. Panelists will address how the materiality lens may be applied to the different types of climate risk and how those risks should be disclosed. Additionally, the session will cover investor demand for climate risk disclosure and their expectations for initial and continuing disclosure, including the disclosure of material events.
For more information or to register, visit the seminar website.