January 12, 2021

Communicating with Bond Investors During COVID

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Communicating with Bond Investors During COVID

Cities, counties, and other issuers of municipal bonds are subject to the antifraud requirements of the federal securities laws. The antifraud requirements, including Rule 10b-5, prohibit making any untrue statement of material fact or omitting to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading.

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